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Article: Goodwill hunting: Can UAL's CEO, labor agree?(Opinion)(Glenn F. Tilton. United AirLines chief executive officer)(Brief Article)(Column)(Statistical Data Included)
- Article from:
- Crain's Chicago Business
- Article date:
- September 9, 2002
CopyrightCOPYRIGHT 2002 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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United Airlines' new CEO Glenn F. Tilton is taking on one of the most daunting tasks in Corporate America. He must be a master negotiator, salesman, psychologist and, foremost, the inspirational leader who has been missing at the troubled airline.
The top priority is to land the $1.8 billion in federal loan guarantees needed to avert bankruptcy. At the same time, Mr. Tilton must quickly install a senior management team with the airline experience that he lacks. And if he succeeds, he will have to rebuild UAL Corp., the Elk Grove Township-based parent of United, with a financial structure that achieves a more reasonable balance between management and labor.
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