Two more VP retirements - Del Valle & Dolara

[eolesen]

FORT WORTH, Texas, Feb. 15, 2012 /PRNewswire/ -- American Airlines, a wholly owned subsidiary of AMR Corporation, today announced the retirement of two Leadership Team members, as well as additional changes to its global leadership team that will streamline its management organization and advance its restructuring objectives. The organizational changes are designed to further enhance American's focus on customers by fully integrating all of its customer-facing activities into the Customer organization, and by consolidating its global Sales and Marketing functions within the Commercial organization.


Peter J. Dolara, Senior Vice President  Mexico, Caribbean and Latin America (MCLA), will retire June 30.

Thomas R. Del Valle, Senior Vice President  Airport Services and Cargo, will retire by June 30.

Craig S. Kreeger, Senior Vice President  Customer, will add Airport Services and operations for MCLA and Europe and Pacific to his current management duties.

Virasb Vahidi, Chief Commercial Officer, will assume additional responsibility for all international Sales and Marketing by adding Pacific, Mexico, Caribbean and Latin America to his oversight of Europe.

Art Torno, currently Vice President  New York, has been named Vice President  MCLA, assuming Dolara's airport and operations duties and reporting to Kreeger.


With these and other changes announced since AMR launched its restructuring on Nov. 29, 2011, the company's Leadership Team, which oversees the company's strategy and operations, has been reduced from 14 to 10 members.

The Leadership Team consists of Horton, Kreeger, Vahidi, Jim Ream, Senior Vice President  Operations, Bella Goren, Senior Vice President  Chief Financial Officer, Maya Leibman, Senior Vice President  Chief Information Officer, Gary Kennedy, Senior Vice President  General Counsel and Chief Compliance Officer, Jeff Brundage, Senior Vice President  Human Resources, Will Ris, Senior Vice President  Government Affairs, and Dan Garton, President and Chief Executive Officer of American Eagle Airlines.

 

[jimntx]

I wonder if they were "ushered out", or just were smart enough to see the handwriting on the wall, and wanted to get grandfathered into the retirement benefits.

 

[TWU informer]

Not much of change.

Where are the "other changes"?

Pfftttt

Where is the "eliminate a level of management" I read about earlier?

 

[dfw gen]

Do the math informer
80,000 employees / 47 vice presidents .equal 1700 employees per vice president.
8 vice presidents x. 1700 employees equal 12600 employees toss in a few terminations and retirements and its all in line. 6 more v.p.'s lose their job and the math works!

Just think if we voted in the ta 2 v.p.'s could htave kept their job!

 

[TWU informer]

Do the math informer
80,000 employees / 47 vice presidents .equal 1700 employees per vice president.
8 vice presidents x. 1700 employees equal 12600 employees toss in a few terminations and retirements and its all in line. 6 more v.p.'s lose their job and the math works!

Just think if we voted in the ta 2 v.p.'s could htave kept their job!

According to other NO Voters on T/A
That is old history now, time to turn the page and move on.

 

[dfw gen]

And there is your 15 percent management reduction!

It's kinda Like declaring bk with 4 billion in the bank only aa could make that math look open and transparent!

 

[Super FLUF]

Anyone have intel on the replacements?

Was this a good move or more reshuffling of the deck chairs on the TitAAnic?

Will DAL or UAL try to get the "retired" execs?

 

[dfw gen]

Rumor is the tripped and fell into the life boats......

 

[eolesen]

Anyone have intel on the replacements?

Was this a good move or more reshuffling of the deck chairs on the TitAAnic?

No replacement for Del Valle -- Kreeger is adding airports to Customer Experience, which is a good move.

Art Torno from NYC is replacing Dolara, no idea if Torno will be replaced but I think not.

 

[TWU informer]

No replacement for Del Valle -- Kreeger is adding airports to Customer Experience, which is a good move.

Art Torno from NYC is replacing Dolara, no idea if Torno will be replaced but I think not.

So can we expect to see 30% reductions across the management board also?

Or is this going to be another "Shared Sacrifice" on our backs alone?

 

[jimntx]

So can we expect to see 30% reductions across the management board also?

Or is this going to be another "Shared Sacrifice" on our backs alone?

I'll leave the room, cover my eyes, and count to 10. While I'm gone try to compose yourself, act like a big boy, and quit asking rude questions. I thought I raised you better than that.

 

[TWU informer]

My apologies if I offended you!

 

[olderguyAMT]

Anyone have intel on the replacements?

Was this a good move or more reshuffling of the deck chairs on the TitAAnic?

Will DAL or UAL try to get the "retired" execs?

Not to worry, as there is golden parachutes for all VP.

Too bad the old stock options are now worthless, and VP retires now getting no new stock options.


Come on let us see the pension plan for them!!!!