Embattled United CEO Received $18 Million in 2016 Compensation

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23 April, 2017

United Continental Holdings Inc UAL.N said on Friday Chief Executive Oscar Munoz will not become chairman in 2018, under an amendment to his employment agreement approved after an uproar over the treatment of a passenger. The company said in a regulatory filing that about $6.8 million U.S. of the total was related to a signing bonus that Munoz was promised in 2016.

United did not respond directly to Clark's comment, sharing instead a previous statement from CEO Oscar Munoz apologizing for the incident and vowing to "fix what's broken".

The House Transportation Committee also plans to call witnesses from United to testify on the matter, according to Fortune.

United Airlines made news last week after it forcibly removed a passenger from one of its overbooked flights to make place for a crew member. In today's "United-drags-a-person-of-color-off-of-an-airplaine" news, United Airlines detained a Mexican passenger because they thought he might be "trafficking" the little girl who was traveling with him.

The airline has been under heavy scrutiny since video of the incident was shared worldwide.

United has already said it will no longer call the police to remove passengers from overcrowded planes.

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Dao's forceful removal by three aviation officers, who yanked him from his seat and dragged him bloodied through the aisle, was captured on now-viral video by fellow passengers. It's possible that United and Munoz will mutually decide to defer the bonus to a later date in order to avoid yet more bad press - and, for Munoz's sake, give those customer survey numbers a chance to creep back up.

United has been pummeled on social media - #BoycottUnited is a popular hashtag - and late-night television.

However, the poll from Public Policy Polling found that despite Trump's low job approval, only 27 percent said they would rather have Vice President Mike Pence take over.

Munoz took the top spot at United in 2015 during trying times for the company.

Also in the proxy, United outlined changes to its 2017 executive compensation program, tying it more closely to customer satisfaction.


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