American Airlines, Justice Department differ on CEO Horton's $20M payout

Aug 5, 2013 Full story: Business Journal

An official with the U.S. Department of Justice has again objected to a proposed $20 million severance package for Tom Horton, CEO of American Airlines parent AMR Corp. , even though the airline's creditors and shareholders have agreed to the payout, The Wall Street Journal reports.

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Since: May 08

Santee CA

#1 Aug 5, 2013
AA spin doctors have been justifying excessive bonuses for over a decade now, it's just become force of habit.... Can't wait till this lot is gone.

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