AMR CEO Horton in line for $20 million severance

Associated Press
AMR CEO Horton in line for $20 million severance

FILE - American Airlines CEO Tom Horton, right, and U.S. Airways CEO Doug Parker, left, visit with employees after a news conference at DFW International Airport in a Thursday, Feb. 14, 2013 file photo, in Grapevine, Texas. The two airlines will merge forming the world's largest airlines. Horton won't get to lead the new American Airlines after it merges with US Airways, but he'll get a going-away prize of nearly $20 million. American's parent company, AMR Corp., disclosed the CEO's severance package in a regulatory filing. Horton will get $9.94 million in cash and an equal amount in stock in the new company after the merger. (AP Photo/LM Otero, File)

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