Sounds like some fireworks:
http://biz.yahoo.com/rb/070516/amr_meeting.html?.v=2
Who says the TWU doesn't go to bat for its constituents?
Seriously, though, good luck in replacing the bus drivers union.
AMR shareholders, employees blast executive pay
Wednesday May 16, 1:47 pm ET
By Kyle Peterson
FORT WORTH, Texas (Reuters) - AMR Corp. (NYSE:AMR - News) is recovering after a years-long downturn in the airline industry, the company's chief executive said on Wednesday, but shareholders say strained labor relations threaten to undo the progress American Airlines' parent has made in recent years.
The stockholders, several of whom were AMR employees, pelted Gerard Arpey with criticism over executive compensation for top managers at the parent of the world's largest airline.
"I want you to know that your employees feel betrayed," Bobby Gless, a representative of the Transport Workers Union told Arpey at the annual shareholders meeting.
Gless was referring to executive stock awards that have driven a wedge between AMR executives and rank-and-file employees, who made steep wage and benefit concessions during a company restructuring.
http://biz.yahoo.com/rb/070516/amr_meeting.html?.v=2
Who says the TWU doesn't go to bat for its constituents?
Seriously, though, good luck in replacing the bus drivers union.