Entire SAS Board resigns following scandal
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Entire SAS Board resigns following scandal
Yesterday, following an investigation into the SAS / Maersk Air scandal the entire board with SAS resigned. In short the investigation found that the board members were not in the know of the cartel formed by SAS and Maersk Air. However, in their capacity as board memebers they should have more aware of what was happening in the company and was thus found "guilty" of negligence.
A question beckons here. If a) the board did know of the scandal, naturally they should resign at once when the scandal broke, but did not. If b) they did not know anything, but should have, they should have resigned at once too. But rather typically of the arrogance surronding much of the SAS hiracrecy in Stockholm, the board chose to hang on to their chairs for as long as possible, only resigning after a report publicly made them look like complete idiots.
And, in the end, who will be paying for their errors ? Yes indeed, the employees if or when furloughs are being published as a result of falling yields, load factors or whatever.
PS
A vice-president of SAS did indeed resign after much political pressure, but only to take up the CEO position with Austrian Airlines
A question beckons here. If a) the board did know of the scandal, naturally they should resign at once when the scandal broke, but did not. If b) they did not know anything, but should have, they should have resigned at once too. But rather typically of the arrogance surronding much of the SAS hiracrecy in Stockholm, the board chose to hang on to their chairs for as long as possible, only resigning after a report publicly made them look like complete idiots.
And, in the end, who will be paying for their errors ? Yes indeed, the employees if or when furloughs are being published as a result of falling yields, load factors or whatever.
PS
A vice-president of SAS did indeed resign after much political pressure, but only to take up the CEO position with Austrian Airlines
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...the board chose to hang on to their chairs for as long as possible, only resigning after a report publicly made them look like complete idiots.
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Shades of the criminal negligence or worse in the previous Swissair board.... These guys treat these jobs as some sort of golf club and Masonic Lodge - with dire results, as we see.
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yea they make a goof-up at one company to be promptly hired by the other one ...
guess he was the best pick for OS tho .. at least with regards to the other "choice"..
Cheers
MB
guess he was the best pick for OS tho .. at least with regards to the other "choice"..
Cheers
MB
