Free Flights for Life and $28 Million: What a Federal Corruption Probe Gets a CEO
The top dog of United Airlines and its parent company, United Continental Holdings, will retire with a package sweeter than the one offered to even the US president, despite the airline CEO stepping down amid a federal corruption probe. While the leader of the free world will retire next year with more than $201,000 a year among other benefits, the embattled outgoing boss of one of the largest airlines in the world, Jeff Smisek, will be able to travel on free flights in perpetuity, on top of exiting with a cool $21 million in cash and stock.
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