United cuts COO Hart's pay by US$1m
United has cut the pay of senior executive Greg Hart in connection with an internal probe that resulted in its CE's resignation last year. The 2015 annual incentive pay of COO Hart was reduced by US$1m in connection with an investigation into the airline's relationship with the Port Authority of New York and New Jersey. The internal probe focused on whether United added flights to Columbia, South Carolina to curry favour with then-Port Authority Chairman David Samson, who had a home there. United has also disclosed two government investigations related to the matter. A United statement said that the company did not have anything to add beyond what it had disclosed. The proxy statement said its separation agreement with Jeff Smisek, made effective on September 8, gave the outgoing chief executive US$36.8m in severance payments and benefits.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-02/star/united-cuts-coo-harts-pay-by-us-1m
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United cuts COO Hart's pay by US$1m
United has cut the pay of senior executive Greg Hart in connection with an internal probe that resulted in its CE's resignation last year. The 2015 annual incentive pay of COO Hart was reduced by US$1m in connection with an investigation into the airline's relationship with the Port Authority of New York and New Jersey. The internal probe focused on whether United added flights to Columbia, South Carolina to curry favour with then-Port Authority Chairman David Samson, who had a home there. United has also disclosed two government investigations related to the matter. A United statement said that the company did not have anything to add beyond what it had disclosed. The proxy statement said its separation agreement with Jeff Smisek, made effective on September 8, gave the outgoing chief executive US$36.8m in severance payments and benefits.<br/>
