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Spirit Airlines CEO Got a $3.8M Bonus a Week Before Its Bankruptcy

(www.thebignewsletter.com)
34 points toomuchtodo | 1 comments | 21 Nov 24 02:42 UTC | HN request time: 0.201s | source
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YetAnotherNick ◴[21 Nov 24 03:14 UTC] No.42200745[source]▶
Important info that's missing in this article:

> CEO Christie was paid $3.8 million in a retention bonus a week before Spirit declared bankruptcy. He gets to keep it if he is still with Spirit in one year.

Not saying it makes it ok, just that no one wants to work at bankcrupt company as a CEO.

replies(1): >>42201962 #
xenospn ◴[21 Nov 24 07:29 UTC] No.42201962[source]▶
Give me $3.8m and I’d be happy to.
replies(3): >>42202419 #>>42204626 #>>42205506 #
1. hackeraccount ◴[21 Nov 24 14:29 UTC] No.42204626[source]▶
How about if you could get $8m working at some other company? Or $3.8m working half as a hard?

The question isn't if you or I would do it - it's what does it take to get this guy to do it. The answer is the same as it is for you or I - what are the alternatives.