Geoff Dixon's trough
 

A report in Crikey.com by Glenn Dyer states that the Qantas annual report has Dikko earning a total of $6.48 million up from $ 6.09 million in 2004. This includes a "short term incentive payment" of $3.69 million.

He says" no wonder Dixon has adopted the Henry Penny style of doomsday corporate forecasting. If he didn't some shareholders might wonder how he was justifying so much money when Qantas has been earning so much money."

Gregg got $3.63 mill, while Jackson got $506000 up from $484000 a year ago. James Packer doesn't get a cent from PBL but gets some pocket money from Qantas of $116775.

Aussie aussie aussie, oink oink oink.

Grrrrrrrrrrrrr
 

Jamie Packer attended 8 of 9 scheduled Board Meetings and 1 of 1 unscheduled meeting. For that he received total remuneration of a paltry (to him) $116,775 or $12,975 per meeting. Not bad coin if you can get it.

According to Qantas' report, he does not sit on any Board sub-committee/s so....what and how does he actually contribute to the well-being of Qantas? Having done so well with One-Tel, why would anyone but a father want his son 'on board'? Also, as he is a so-called 'independent' director, how come he was appointed by the then Board?

P.S. The pun was intended.

I am going fishing....
 

I am trolling along waiting for a SUNFISH to bite......

He will not be able to resist this one!!!:}

J

Good one J430. I bet your comments have raised quite a few wry smiles in the last few minutes? But....why were you so subtle? Your deft touch will be lost on the Mouth from the South. :ok: :ok:

Now if these greedy bastards didn't take their bonus's, how many staff that face retrenchement could have been kept in employment? Here fishy, fishy, fishy..... :} :ugh:

...........and the next time some 'champ' says something stupid like "pilot wages in aust are unsustainable in this new modern era' ect ect

please refer to this thread

Subtle????
 

I figured our mate down there in Melbourne did not need that uch bait to bite!!

Bet he is busting to reply right now but can't for fear of falling for the trap!!!

I really do enjoy his QF bashing, even though I do not always support his views, but it does make for a balanced PPRUNE doesn't it..... what ever that means....:}

J:ok:

So the outgoing CEO of BA was making about one-fifth of what the CEO of QF makes...and the CEO of QF makes more than the CEO's of BA, CX, SQ, Thai and Malaysian combined.

I know what this tells me...sell QF shares.

Sunfish carefully sniffs the bait and swims away, looking for something fresher and more wholesome to have for breakfast.

- - - Jamie Packer attended 8 of 9 scheduled Board Meetings and 1 of 1 unscheduled meeting. For that he received total remuneration of a paltry (to him) $116,775 or $12,975 per meeting. Not bad coin if you can get it. - - -

So why is he there - Umm tie up one network who will never say a bad thing about QF. Have one oulet that Dixon can always use, - that would be the Sunday program. Ever notice that Ross Greenwood always speaks so highly of Dixon - now does he believe it, or is that the boss at 9 telling him to do so?

And to think, if Kerry liked aviation like he liked a casino, he could have the joint and put James in charge! QF could have Ross Greenwood as CFO, the Getaway team looking after what destinations QF would fly to and say Ray Martin in charge of Public Affairs. What a pity Daryl Sommers isn't still with 9 - he and Ozzie could have looked after 'inflight entertainment'.

Got him!!!!
 

Hi Sunny, you took the bait, ohhh no!!! he spat the hook just when it was looking good!!

Ex QF
From what I read here all the time maybe your suggestion of a management change would actually work!

I still prefer flying with them when I can't fly myself... No objection to VB either...

J:ok:

Actually I happen to believe that CEO's deserve very big salaries, it's a thankless job. In simple equity, if you are risking your reputation and livlihood to make your shareholdrs a billion dollar profit, you deserve a few million of it sticking to your fingers.

One mistake and you are out. One takeover and you are out. It is a highwire act and there is no safety net - and no its not like a pilots job. There are no navaids, no ATC, no radar, no aerodromes and no maps. You have to make your own as you go along. Furthermore you are often relying on information that is month's, if not years old.

Its a high risk occupation and today's "right" answer can be tomorrows "wrong" answer.

Look at what Sol Trujillo is doing right now with Telstra and you will see what I mean.

Sunfish,

Geoff makes a huge mistake and QF loses money.

A pilot makes a huge mistake and people die!

Where is the fairness and equity in that?

Bit like bean counters telling aircrew how to fly.

TBT

Fortunately for Qantas the "Bean Counters" have been very successful in contributing to the profit of the company with their fuel hedging policy. Employees should be grateful that they work for a successful company and stop all their whinging.

hmmmm



or we could rephrase that:

Fortunately for QANTAS the the pilots have not crashed (insert dramatisation as appropriate) an aircraft and consequently the bean counters and management should be very happy they still have jobs ridiculous bonus's and the airline is not bankrupt.

or.....


how about

Fortunately for QANTAS the engineers have maintained the aircraft and consequently no aircraft has fallen apart midflight (insert dramatisation as appropriate) and therefore the bean counters should be happy they have jobs, ridiculous bonus's and the airline is not bankrupt



.........

Ah.........yes VC9 .......profits. Larger dividends for the shareholders, bonus dividends, etc,.

Who said anything about selling QAN shares - bollocks !:E

Now looky who has taken the bait?:O

Bluey, TBT and VC9!

Cheers!

Score 3 to Sunfish,

I was merely adding more bait... :}

The following is a cut and paste from the Sydney Morning Herald outlining payments made to our beloved trough feeders-

OINK :mad: :mad: :mad:

"What a whack

It's nice to see Qantas's chief doomsayer, Geoff Dixon, has still managed to earn himself a hearty pay increase of 6.4 per cent - that's $391,401.

Despite Dicko's repeated cries about Qantas's need to slash jobs in order to remain profitable, he had a modest $6.48 million pay packet last financial year.

This was helped along by the increase in Dicko's "equity benefits" for the year to $1.25 million - all despite the recent slide in the Flying Kangaroo's share price.

However, Dicko missed out on the $1000 bonus Qantas handed out to each of its non-executive employees recently. So too did his chief numbers man, Peter Gregg, on $3.63 million.

One wonders if Dicko was thinking about himself at the airline's recent results when he exclaimed how Qantas employees should be grateful they had a job.

"In some ways, although we don't expect to get a thanks, they should be at least saying, 'Gee, for an industry that's in so much turmoil, we've still got decent jobs'," Mr Dixon said.

Maybe this sentiment could be extended to all of Dicko's senior management team, who bettered the 3 per cent annual pay rise most of Qantas rank and file have achieved lately.

Qantas executive general manager John Borghetti managed to lift his package 18 per cent to $1.84 million and Jetstar boss Alan Joyce pocketed a very low-cost $1.42 million."

Looks like you Qantas and Jetstar blokes better get off your arses. A pissy 3% payrise (with offsets?) and look what these hypocrits do. Pathetic.