On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1440 AM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
70° Feels Like: 70°
Wind: W 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 77°

Tonight

Mostly Clear 56°

Tomorrow

PM Thunderstorms 77°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

New American CEO to get $19.5 million if he loses job in merger

U.S. Airways CEO Doug Parker announces the planned merger of AMR Corp, the parent of American Airlines, with U.S. Airways during a news conf
U.S. Airways CEO Doug Parker announces the planned merger of AMR Corp, the parent of American Airlines, with U.S. Airways during a news conf

NEW YORK (Reuters) - US Airways CEO Doug Parker will receive an estimated $19.5 million in pay if he loses his job during the merger of US Air and American Airlines, the companies said Monday.

The merger between US Air and American parent AMR Corp , which still requires regulatory approval, would create the world's largest airline, with more than 6,700 daily flights to 336 destinations and 100,000 employees.

(The story corrects headline and paragraph one to show the $19.5 million would be paid only if Parker loses his job.)

(Reporting by Alwyn Scott; Editing by Gary Hill)

Comments