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PETITION: Don’t Let AA Reward Tom Horton with $20 Million!
After he drove American Airlines into bankruptcy and ran its workforce over the coals with deep cuts and lost jobs, the company has the audacity to reward CEO Tom Horton with an outrageously excessive $20 million severance package. That money is coming out of our pockets! And what’s more infuriating is that the TWU is silent on this injustice. But that’s not stopping us from raising hell.
Please click here to SIGN THE PETITION opposing Horton’s $20 million severance package!
Started by one of our coworkers at JFK, the petition points out that “The employees of AMR, American Airlines’ parent company, are at or near the bottom of the industry in terms of wages and benefits. It would be unfair and vulgar to award Tom Horton a $20 million severance after the many concessions he forced upon workers in bankruptcy.”
U.S. Bankruptcy Judge Sean Lane has approved the “disclosure statement” that includes a $20 million severance package. However, bankruptcy law prohibits severance payments greater than ten times the amount awarded to non-management employees. U.S. Trustee Tracy Hope Davis is taking a stand and pushing back against Horton’s severance. But the TWU has remained quiet.
The Teamsters Union is helping us get the word out about this petition so that we can show that there is overwhelming opposition to rewarding CEO failure and corporate greed.
Sign the petition today and pass it along to coworkers, family, friends and neighbors!
With the TEAMSTERS We Will WIN!
For more information, visit the AA Mechanics for Teamsters campaign website or call the hotline at 877-589-4951.