NYTimes.com Article: The Pack Is Watching UAL's Chief

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The Pack Is Watching UAL's Chief

March 16, 2003
By MICHELINE MAYNARD






THE day he was named chief executive of UAL, the parent of
United Airlines, Glenn F. Tilton made a point of meeting
with the leaders of the airline's six labor unions. He
wanted to assure them that he was not their enemy, and they
praised him afterward as "proven" and "creative."

Other airline executives, however, were openly dismissive
of Mr. Tilton, noting that he had spent his entire career
in the oil business and thus was unqualified to resolve
myriad problems then dragging United toward bankruptcy. At
one point, Gordon Bethune, the chief executive of
Continental Airlines, called Mr. Tilton "clueless."

What the industry didn't realize then was that Mr. Tilton's
background had made him a shrewd diplomat. After earning a
bachelor's degree in international relations from the
University of South Carolina in 1970, he joined Texaco and
spent two tours in Europe. The second included a time as
president of Texaco Europe, responsible for government
relations in 20 countries.

Now, competing executives are beginning to realize how much
they may have underestimated him. Since the airline filed
for bankruptcy on Dec. 9, Mr. Tilton, 54, has embarked on a
strategy that involves winning $2.56 billion in labor
concessions, cutting thousands of jobs and shifting 30
percent or more of United's capacity into a new low-fare
carrier.

The plan has already angered the unions and generated
skepticism on Wall Street. But it if succeeds, executives
at rivals may wind up thanking him for finding a way for
major airlines to survive amid diminishing revenue, soaring
costs and fierce competition from low-cost airlines like
Southwest and JetBlue.

Gary N. Chaison, a professor of industrial relations at
Clark University in Worcester, Mass., said other major
airlines were paying close attention to what Mr. Tilton is
trying to do. "The question is not whether the strategies
will work for United," he said. "It's whether they will
work for them."

A particularly important event is likely to occur tomorrow,
when United is expected to file a motion in United States
Bankruptcy Court in Chicago, asking for permission to
abrogate its labor agreements if negotiations with the
unions fail to yield the concessions the company says are
essential to its survival.

United officials said that they had no plan to seek
cancellation of the contracts immediately and that they
would continue talks with union leaders, which could
stretch for weeks.

Nonetheless, such a motion would give Mr. Tilton a tool
that no airline chief executive has had since Frank Lorenzo
used the bankruptcy code to shut down Continental in 1983
and reopen it as a union-free carrier. (Afterward, the law
was changed to make such a move more difficult.)

"It's a real brinkmanship game," Professor Chaison said.
"It's saying, `You'll either grant us concessions, or we'll
take them.' It's the labor movement's worst nightmare."

US Airways, which filed for bankruptcy last summer, sought
a similar motion. But it did not apply it, emphasizing
negotiations. Still, unions had to grant multiple rounds of
concessions before it finished its restructuring plan in
January. US Airways says it expects to emerge from
bankruptcy at the end of this month.

Mr. Tilton said he did not want to follow that example. In
an interview this month, he said he wanted to do the
restructuring only once and "never, ever come back here" to
the brink.

People who know Mr. Tilton are not surprised that he
follows his own path. He always has. Born in Washington, he
and his wife, Jacqueline, married when they were teenagers.


While he went on to become an oil industry executive -
rising to chairman and chief executive of Texaco before it
was bought by Chevron in 2001 - Jacqueline M. Tilton
trained as a lawyer, though she does not practice. They
have a grown son and daughter and one grandson.

Mr. Tilton's jousts with labor contrast with the
endorsement he received from labor leaders last September,
when he was hired as UAL's third chief executive in less
than a year. His two predecessors, John W. Creighton Jr.
and James E. Goodwin, were ousted by union representatives
on the board when each man predicted that the airline would
be forced to file for Chapter 11 protection.

Until recently, United's unions owned most of the company's
stock and had supervoting rights on its board. They lost
that power this month when union members' ownership slipped
below 20 percent.

Mr. Tilton said publicly when he joined the airline that it
could remain solvent, though privately, friends say, he had
no illusions about United's eventual fate. Even with a
federal bailout, a bankruptcy was probable. Analysts
criticized him for not being more visible in his first
weeks at United, when it was lobbying for federal loan
guarantees amid strong opposition from other airlines.

Instead, he spent the time meeting with employees, trying
to gain their trust for the rough days he knew were ahead.

"He genuinely does care about people and wants them to be
his partners," said Elizabeth P. Smith, who worked with Mr.
Tilton for years at Texaco and was vice president for
investor relations while he was chief executive there.

Even if United seeks permission to abrogate the labor
pacts, Ms. Smith said she expected Mr. Tilton to continue
negotiating until the May 1 deadline that the airline faces
for replacing $1 billion in temporary concessions with real
cuts.

"He would bend over backwards and go up to the last second
trying to explain to you how important it is to be a
partner," she said. "He's not the one to use that big stick
if he doesn't have to."

But if time expires, Ms. Smith added, Mr. Tilton will not
hesitate to impose his plan on the unions. "He's a gutsy
guy," she said, "and he will do what needs to be done."

SOME experts still doubt his strategy, particularly the
plan to start a low-fare airline. "The track record of
carved-out carriers and airlines-within-an-airline is
dismal," said Robert W. Mann Jr., an airline industry
consultant based in Port Washington, N.Y. Union leaders say
it will result in a second class of workers with lower
wages and benefits than those at the parent airline.

Mr. Tilton is barnstorming the country, outlining his
proposal in speeches, interviews and employee meetings, and
touting some promising statistics. United had the
industry's best on-time record and fewest cancellations in
February. And, it had positive cash flow of $1 million a
day last month, versus the $12 million a day it lost in
January.

Even so, Mr. Tilton warned Friday that a war could force
United to trim its schedules, impose more temporary
concessions and lay off more workers. Such actions would
come "only as a last measure, only as a last resort."

"I need my employees," Mr. Tilton said in the interview,
"to do what they're doing to generate this performance."


http://www.nytimes.com/2003/03/16/business/yourmoney/16PROF.html?ex=1048828585&ei=1&en=97eb3bf184641018



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