Quote Originally Posted by Migflanker View Post
The Golden Parachute
Mr. Smisek will receive a separation payment of $4,875000 paid as a lump sum.
60,746 shares of United stock in restricted share awards, worth about 3.5 million
Health coverage (until he becomes eligible for Medicare)
Lifetime Flight benefits and free airport parking ( plus the cash to cover taxes on those benefits)
A couple more odds and ends
And he can keep the company car.


WOW, indeed
Smisek resigns as chairman, president and CEO of United Airlines, effective immediately | | Dallas Morning News
Wouldn't that be a Platinum Chute?