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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: 0.206s | 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. takinola ◴[21 Nov 24 15:49 UTC] No.42205506[source]▶
That's kinda the point of the bonus, isn't it? If you otherwise would not want to, they give you more money to make it worth your while to stick around.