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CEO: Allegiant's unique model makes it immune to competitive pressures

2015-10-27 16:58:27| Airlines - Topix.net

Las Vegas-based low-cost carrier Allegiant Air CEO Maury Gallagher said he is not surprised legacy carriers have been more aggressive in their pricing strategies recently, but suggested his airline is immune to competitive pressures because of its unique model. "I am surprised it didn't happen sooner," Gallagher said on his airline's third-quarter earnings call on Oct. 21, referring to moves by legacy airlines to match the prices of LCCs Spirit Airlines and ... "CEO: Allegiant's unique model makes it immune to competitive pressures" is part of ATW Plus , our online premium membership.

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United's acting CEO gets $100,000 monthly raise

2015-10-27 07:45:09| Airlines - Topix.net

United's acting CEO, Brett J. Hart, will receive a $100,000 monthly raise so long as he's occupying that position. United's acting CEO, Brett J. Hart, will receive a $100,000 monthly raise so long as he's occupying that position.

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Penn Virginia Corporation President and CEO Baird Whitehead Retires;...

2015-10-27 07:05:22| Oil & Gas - Topix.net

Penn Virginia Corporation today announced that Baird Whitehead, President and Chief Executive Officer, has retired as an officer of the Company. Mr. Whitehead had previously indicated his intention to retire this year.

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Johnson Controls CEO speaks out about scandal, says he barely knew con man

2015-10-26 23:29:03| Automakers - Topix.net

Johnson Controls Inc. CEO Alex Molinaroli says he knew virtually nothing about Joseph Zada when he trusted him with "a substantial amount of money" - funds that later disappeared in a $50 million Ponzi scheme. Johnson Controls Inc. CEO Alex Molinaroli said he knew virtually nothing about Joseph Zada when he trusted him with "a substantial amount of money" - funds that later disappeared in a $50 million Ponzi scheme.

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3M will can 1,500 workers as CEO Inge Thulin's pay continues to soar

2015-10-26 13:51:11| Chemicals - Topix.net

When Swedish-born Inge Thulin was officially plucked to succeed Sir George Buckley as 3M's new CEO in 2012, annual profits for the scotch tape, respiratory mask, and Post-it note juggernaut sniffed $4.5 billion. Thulin, who started working in sales and marketing for 3M Sweden in 1979, was rewarded for the company's good fortunes.

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