Williams Doug Parker
William Doug Parker, also known as Doug Parker has held the office as the Chief Officer and Chairman of American Airlines Inc, since 2013. In his past he has also held office as Chief Executive Officer of American Airlines Group Inc and has also been the Chairman since June 03, 2014. Doug also serves as the Chief Executive officer of the US Airways Inc. Doug Parker has made his self-known and a good face for himself in the Airline business. Doug Parker is connected to four board members and four different organizations across seven different industries. Mr. Parker oversees all the principle subsidiary of the company. Mr. Parker has been known for his extraordinary leadership skills within the companies he has ever seen.
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Together they have three children. Doug and Gwen Parker reside in Dallas, Texas. Gwen was the most intelligent flight attendant at US Airways Group. After 12 years as an attendant and an active member of the union, she quit working in the industry, to be a stay at home mom for her family. Over the years Doug has had some trouble with the law when it comes to driving and drinking. During his first DUI, Parker wrote an apology saying that the mistake was just that a mistake, and not a trend”. Parker asked for the forgiveness and stated that” mistakes 15-20 years prior do not reflect on the person he was today”. Parker was later cited on different DUI charges and pleaded to DUI in 2007; to his third DUI. Parker was sentenced to one day in jail. Some shareholder questioned his conviction and if the company should have disclosed Parkers previous tow DUI arrest. But that did not stop Parker from closing the deal in 2013 when Parker was named CEO of the combined company, which grew to become the largest …show more content…
Throughout the world of transportation, Parker is a 55year old who ranked 11 within the industry. In 2007 he was claimed to have been made 9.47 million dollars richer after he sold some of his shares. Parker came to terms an agreement with the company in 2015 and settled for salary based with a bonus in replace for his compensation structure. Through his request, Parker was terminated CEO of the company, which means he is no longer contractually entitled to receive a set of level compensation and benefits through the world largest airline. CEO of the biggest Airline wanted to be known as a regular employee. Which means his pay is entirely in the stock option awarded each April. Parker still hold about 90,000 in stock appreciation rights which are set to expire in April 2017. In all Parker is still the highest shareholder and is very positive about the future of
Quanah Parker was born in 1845, the exact date of his birth is not known due to the times and the lack of recording dates like birthdays back then. Also the exact place of his birth is unknown, it is thought to be somewhere along the Texas-Oklahoma border, but there are conflicting reports. Quanah himself said that he was born on Elk Creek south of the Wichita Mountains, but a marker by Cedar Lake in Gaines County, Texas says otherwise. There are still other places where he was supposedly born like Wichita Falls, Texas. “Though the date of his birth is recorded variously at 1845 and 1852, there is no mystery regarding his parentage. His mother was the celebrated captive of a Comanche raid on Parker's Fort (1836) and convert to the Indian way of life. His father
He has served as director in over 40 public companies and also serves as a
We already brought you part one of this list of facts about Russell Wilson, the successful quarterback of the Seattle Seahawks. There are still plenty of interesting facts to share about the athlete, so we're back with part two.
Net Income: The net income applicable common shares go from June 30th: $219,000,000 to September 30th: 290,000,000 to December 31st 2013: 2,001,000,000 to March 31st 2014: 480,000...
Pennsylvania's Corporate Laws have very stringent antitakeover statutes. In order to get around some of these statutes the deal has been split into a two-tiered offer. First CSX will pay $92.50 per share in cash for the first 40% of the acquisition shares. This front-end offer will be separated into two stages. The first
Andrew Marvell was one of the greatest poets of all time. He is well known for his metaphysical writing. He wrote many poems throughout his life. He was born on March 31, 1621 to Reverend Andrew Marvell and his wife Anne in Winestead in Holderness, Yorkshire. When he was three years old, his family moved to Hull, where his father became a lecturer to Holy Trinity Church.
In the airline industry, Southwest Airlines is considered a true innovator. By shaking up the rules of flying and improving upon inefficient industry norms, Southwest has quickly grown by leaps and bounds. From the very start, Southwest Airlines' goals were to make a profit, achieve job security for every employee, and make flying affordable for more people (Southwest,2007). Southwest has not strayed from these goals. It does not buy huge aircrafts, fly international routes or try to go head to head with the major carriers; and thanks to a great planning, Southwest airlines has become the most successful airline company in the U.S., if not the world.
Gordon Parks was a photographer and humanitarian with a passion for documenting poverty, and civil rights in the second half of the 20th century. His signature style continues to be celebrated as one of the most iconic of the time.
CEO compensation has been a heated debate for many years recently, and it can be argued that they are either overpaid or that there payment is justified by the amount of work they do and their performance. To answer the question about whether CEO compensation is justified it must be looked at by the utilitarian viewpoint where the good of many outweighs the good of one. It is true that many CEO’s are paid an exorbitant amount of money; however, their payment is justified by the amount of money that they bring back to the company and the shareholders. There are many factors that impact the pay that the CEO receives according to Shah et.al CEO compensation relies on more than just the performance of the CEO, there are a number of factors that play a rule in the compensation of the CEO including the fellow people who help govern the corporation (Board of Directors, Audit Committee), the size of the company, and the performance that the CEO accomplishes (2009). In this paper the focus will be on the performace aspect of the CEO.
Line of duty death are terrible but they can be prevented by following the right procedure. Kyle Dinkheller was sheriff who made a couple mistakes which cost him his life. First he let the suspect get out of his car before the deputy ask him to. Second, he let the suspect feel like he was in charged in the traffic stop. Third, he let the suspect return to his vehicle after he was being uncooperative. Lastly, Dinkheller should more training with his weapon.
Introduction: British writer and scriptwriter Norman Colin Dexter a humble, kind and funny man. Who died on a Tuesday morning on March 21, 2017, at his home in Oxford, England. Colin Dexter was the son of Alfred and Dorothy Dexter, brother to John, husband to Dorothy Cooper, and father of Sally and Jeremy. He wrote the crime fiction series Inspector Morse which is about a detective solving crimes in Oxford, England which was published from 1975 to 1999. All 13 of the Inspector Morse novels were intriguing and breathtaking to its reader, but some were notable Last Bus to Woodstock, Death Is Now My Neighbour, Service of All the Dead.
In 2007, Delta received its eighth CEO and survived from a bankruptcy and was freed from bankruptcy on April 30, 2007. In 2008, Northwest Airlines was acquired in a merging agreement. Today, Delta is stronger than ever and is one of the biggest airlines in the world. More changes are to come.
This was a sad day for everyone in both the immediate and extended “Delta family,” a day perhaps as sad in its own way as the death of Mr. Woolman almost 40 years before. The sadness mixes with fear by employees and retirees, their families, stockholders, customers, vendors, taxpayers, governments and all others among the tens of thousands impacted by the bankruptcy. Leadership decisions by Delta’s Board and CEO’s over a long period of years laid the foundation for Delta to be in a position where the factors would have a large enough impact to result in bankruptcy. By promoting Ron Allen to CEO, primarily because he had moved up the chairs in the company through Beeb’s efforts, the Board showed their lack of awareness of the need for a strategist to deal with the fundamental changes taking place in the airline industry. Then the Board brought in Leo Mullin and gave him free rein for 6 ½ years to turn a cash rich company into one in such poor shape financially that his successor had to turn to expensive sources of money to keep the company
Southwest Airlines has come from an underdog to being one of the best airlines in the industry. This reputation translates from its strategic management of resources. The Co-founder and former CEO, Herb Kelleher, established a unique corporate culture that leads to high customer satisfaction, employees’ morale, and one of the most profitable airlines in the industry (Jackson et al., 2012). The corporate culture concentrates on empowerment the workforce. It shows through Southwest Airlines core values that “happy employees lead to happy customers, which create happy shareholders” (Jackson et al., 2012). Since its first grand opening in 1971, Southwest Airlines has shown steady growth, and now carries more passengers than any other low-cost carrier in the world (Wharton, 2010). To expand the business operations, Southwest Airlines took over AirTran in 2010 as a strategy to gain more market share for the Southeast region and international flights. However, the acquisition of AirTran brought upcoming challenges both internally and externally for Southwest Airlines. In this case analysis, the objectives are focusing on the change process post the merger with AirTran, and evaluating alternatives to address the impacts of the merger.
1. Issues 2. American Airlines’ objectives 3. The airline industry 4. Market 5. Consumer needs 6. Brand image 7. Distribution system 8. Pricing 9. Marketing related strategies 10. Assumptions and risks