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GE Board Was Kept in the Dark About CEO's Extra Plane
While CEO, Mr. Immelt wanted a backup jet in case there was a mechanical issue that could lead to delays, the people said. Flight crews were told to not openly refer to the backup planes, for fear of raising eyebrows, especially at the small airport facilities for private jets, the people said. One person said the flight manifest sometimes listed "Robert Jeffries" or "Jeffrey Roberts" as the passenger on the second plane, when in fact the seats were empty. (www.foxbusiness.com) Más...Sort type: [Top] [Newest]
Shareholders should demand he repay GE the cost of that perk!
"the people said"
Scumbags like Immelt gives Aviation a bad name....he’s not the first and certainly not the last....
No wonder GE's Krautkramer ultrasonic inspection units are so damned expensive. ;) I was interested in buying one (DMS 2), but it said call for quote on the website. Ouch.
This would be a story of fiscal abuse if the back up plane carried his mistresses. Otherwise, this is standard operating procedure for a ceo of a huge corp.
We wouldn't be reading about it were it SOP.
If it is SOP then it's a sad disconnect from reality and investors.