Thursday, November 20, 2008

Fire His Ass

I was willing to cut Rick Wagoner, GM’s CEO, some slack. He has an unbelievably difficult job and I’m not one to pile on. That charity ended yesterday when he flew to Washington D.C. yesterday in GM’s private jet instead of flying commercial.

His little commute to D.C. in GM’s Gulfstream IV cost $20,000. He could have flown on Northwest for under $1,000.

Apparently Rick Wagoner thinks nothing of using a private jet to fly his sorry self to Washington D.C. to beg for money. Apparently Rick Wagoner is a moron. Doesn’t he have a board member or VP or administrative assistant who would kindly question that move? At the very least his wife should have said something! And if he’s surrounding himself with such lily-livered advisers then he needs to be gone. Like yesterday. Maybe like a year ago.

Don’t get me wrong: I am all for big pay for big work. But leading by example goes a long way and if Wagoner wants anyone to think he’s serious about saving a company that directly and indirectly employs a gazillion people he needs to park his jet and open a Delta Frequent Flier account.