Political Quotes

Johnny Isakson: What was not entered into the Record were the actions of the CEO of Delta Airlines, and I will not read it all, but I…

On the recordApril 3, 2003
What was not entered into the Record were the actions of the CEO of Delta Airlines, and I will not read it all, but I would like to read the following things: . . . who affirmatively, instead of accepting the compensation reduced his compensation by 25 percent, will not accept an annual incentive pay included in his contract for the year 2003, rescinded any retention award payment he might be eligible for 2004 and 2005, and affirmatively rescinded his contractual stock option agreements totaling $5.5 million. Mr. Chairman, corporations are persons under the laws, and sometimes they do not have hearts. CEOs are individuals who have souls, and when corporate CEOs take appropriate actions, and I think consistent with the times which we are in, that should also be in the Record.
Said by
Johnny Isakson
Republican · Georgia

Editor's note · Context

Discussing executive compensation actions taken by the CEO of Delta Airlines.

Share

More from Johnny Isakson

Jan 24, 2019

all Democrats and Republicans, pay close attention. I have been here for 20 years, and I have seen a lot of shutdowns-- about five of them. I want to talk about what they have produced. The first one with Bill Clinton produced Monica…

govinfo.gov
May 20, 2019

today I am proud to recognize in the Record the U.S. Department of Veterans Affairs, VA, Principal Deputy Assistant Secretary for the Office of Congressional and Legislative Affairs, OCLA, Christopher E. O'Connor, in honor of his upcoming…

govinfo.gov
Nov 12, 2019

today I would like to remember in the Record former U.S. Senator Kay Hagan of North Carolina. Senator Hagan and I served together on the Senate Committee on Health, Education, Labor, and Pensions, where she served both North Carolina and…

govinfo.gov
Mar 25, 2019

Thank you, Mr. President. I rise for a moment to talk about a vote we will have tomorrow in this Chamber on a motion to adopt an amendment to the supplemental appropriations passed by the House, and it is a disaster amendment dealing with…

govinfo.gov

Other voices in this conversation