Why does it matter? Arpey wasn't on the board at the time that the bonuses were approved, and that was a decision made by the outside directors of the board.
Since the retention bonuses were retracted, it is a moot point.
Arpey is different from Carty, folks.
The fact that Arpey is turning down a raise for taking on the CEO position probably says that as much as anything. Maybe it is simply symbolic, or maybe it just further reflects the fact that he's not Carty.
Gerard lives in Tarrant County, versus the higher status areas like Highland Park or Southlake. He is a member of a small Lutheran church, and actually attends from what I hear. Lutherans don't tend to be all about image, unlike some other large denominations which dominate Texas...