He has more than likely already been on multiple ultra first class vacations this year. A few years later, Bastian was named partner at age 31. His father was a dentist and his mother was a dental assistant. So thats all wrapped into the purpose. This site uses Akismet to reduce spam. I think that there is more than a hint of jealousy about the CEO salary compared to this 3rd rate journalist. Pleased to say at Delta, there are very, very few. The meeting topic was Qatar Airways and Air Italy, two carriers Bastian has decried for years. Were huge proponents of 5G. That card is played way too often by liberals. Six months later, at the request of then-Delta CEO Gerald Grinstein, he returned to the airline to serve as chief financial officer. ADI IGNATIUS: Heres another question, this is from Cincinnati, Ohio, really a couple questions about data and analytics. Its not like going to a restaurant or going to movies where youve got various options. Youre telling me that he bailed on this meeting? But we use analytics far more than just as a pricing tool and an algorithm. Ed has been talking about saving american jobs since he became the Delta CEO literally putting up constant messages to employees and asking them to write their congressman and sign petitions. Kudos for a top exec really showing work life balance. 3. It made business sense to fly home on a much different routing, but life is not just about business. I will fly Delta more often knowing he made the right decision and put family first. "I'm young at heart," Bastian said earlier this year shortly after being named to the CEO position. ED BASTIAN: Its been an interesting two years. And there is still another point that if I were Bastian, it would have caused me to avoid this meeting like the plague For him to make an apeearance at a meeting to complain about Qatar Airlines owning 49% of air Italy and how the subsidies that the Qatari government is providing to Qatar airways and, in turn, to Air Italy is costing Americans jobs all while Delta Airlines owns 49% of Virgin Atlantic (a U.K. company), 49% of Grupo Aeromexico (a Mexican owned company) as well as 8.8% of AirFrance-KLM (a French-Dutch company) probably would not have been too great of an idea. I think I gave him the benefit of the doubt while just noting the ramifications of his choice. Staffing all in the right places. Youve got people who have to be there physically, who have to deliver physically. 10. How does that background inform your leadership style, now that you are CEO? And well over 80% of our employees do not have an optiondid not have an optionincluding in the most difficult and darkest days of the pandemic. Not half marathons but full marathons, all 26 miles. They dont feel settled, but they are settling down. As the firstborn of 9, he learned to manage people early in life. And the FAA, as 5G is being rolled out here, had some real concerns about whether the impact of the C-band, which is the spectrum that the telecom companies will be using, could cause interference with readings that the airplanes haveparticularly in proximity to the airports and landingand offset and impact some of our instrument ratings and the quality of the information and other aspects of air travel. When somebody is not following the instructions of a crew member, its not just our crew members, the fellow customers step in and ensure that the flight is to go off on time as safely as possible. Youre a lawyer, yes? Obama deported more people than Trump. ADI IGNATIUS: Ed, I want to thank you for being on the show. He also shares an inside look at these conversations and solicits questions for future discussions in a newsletter just for HBR subscribers. And Secretary Buttigieg and others. And were excited when we all came back last June, to be together, and we see real strength in that collaboration. Please view our advertising policy page for additional details about our partners. Every time he comes home he recognizes the responsibility he has to everyones flight safety including his daughters. A mother in St George, Utah, shared an emotional reunion with her daughter after putting her up for adoption 29 years prior. Awards and recognition. But more important than ever, I think its all given us a chance to sit back and ask ourselves the tough questions as to why do we do what we do? (BTW, if it is not about the cost of the trip, why put expensive in front of every word you use to describe it when, in fact, you dont know if it was. Our employee engagement scores have stayed just as strong throughout the pandemic as ever because theres a real pride in what we do. Our brand is strong. I get that Bastian works hard all year, his family is also busy, and this trip was likely very carefully planned. ED BASTIAN: Yeah, well we need to be very active working together. We werent the only one, a number of companies did as well, because we saw the effect it was having within our team and within our people, and our people were looking up to us asking, After all weve been through over this last year, two years, and the challenges coming out after the George Floyd situation in the middle part of 2020, and the commitments that we made to continue to push forward and fight to ensure that everyone has equal access, everyone has equal opportunity, and do our very best to promote an equitable and diverse workplace, as well as community, how can we sit by and be silent? So that was a tough one, but youve got to be very, very careful in terms of which issues you choose. [2] He graduated from Our Lady of Lourdes High School in Poughkeepsie in 1975. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. I think we need to start looking at our lexicon. His athleticism apparently extends to his family life. He did the right thing. Over the past two years, Delta has won widespread praise for its handling of the complexities resulting from Covid, and Bastian has developed ideas and strategies for how a company can not only survive during crisis, but thrive. Matthew do you hear an echo? This article was clearly written to drive views to your site. Theyre not moving around. Each week, Ignatius interviews a top leader on LinkedIn Live previous interviews included Microsoft CEO Satya Nadella and former PepsiCo CEO Indra Nooryi. While it is true many children have the same dreams, Mr. Bastain was athletically inclined and could have made a serious run at making it in the big leagues. Theyre buckled into their seats. Family and down time is critically important for everyone. Good for Ed. 1. He said he believed a plan to cut jobs, salaries and benefits wasn't going to work and that the company needed to make the decision to file for bankruptcy protection. What is Ed Bastian salary? @chasgoose has the best comment and most sensible. ADI IGNATIUS: One more audience question. ED BASTIAN: Its a very serious issue. His first reaction was Ed missed the meeting bc he dont like me Perhaps his absence was a strategic ploy for a second meeting with the chief spokesperson at the table for the U.S. side. ", "Bastian on list of candidates for Delta CEO job", "5 things to know about Delta CEO Ed Bastian", "Poughkeepsie native named CEO of Delta Air Lines", "Metro Atlanta Chamber Announces 2021 Chair And Launches New Digital Tool To Promote The Region", "Q&A with Ed Bastian, 2017 Most Admired CEO", https://en.wikipedia.org/w/index.php?title=Ed_Bastian&oldid=1138857092, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 12 February 2023, at 01:00. Do a weeek later. If the (so-called) President was going to take the issue seriously, then his absence might be questionable; however, since we know (and Bastien knew in advance) that Trump was just going to defend his foreign cronies, the absence is not relevant. This is due to the writers lackluster ability to grasp any concept greater than a shiny headline for their editor (if there is even one). And this is something I was going to ask as well, which is the rollout of 5G thats coming. [10] A father of 4,[11] he splits his time between Atlanta, where Delta Air Lines is headquartered, and Florida.[12]. I was just being very practical and very pragmatic. In 2004, he left based on what he calls strategic differences between himself and the company. If h wants to be CEO. It has lost all credibility like Bastian. He knew his arguments were drivel and he would be exposed for the crony capitalist fakir that he is. [2] This prompted a U.S. Securities and Exchange Commission investigation, leaving many PWC executives with marred careers. There was a lot of accounting to be done just growing up, so it was a natural continuation of his childhood. Edward Herman Bastian (born June 6, 1957) is an American business executive. It makes it very, very difficult to travel internationally, when you think of all the requirements, and the requirements continuing to change and shift, particularly with this latest variant. ADI IGNATIUS: I know youve made it clear that climate change is an issue of importance to you personally. Then came the financial restructuring led by Bastain, bringing the company back to profitability and respectability. He drives a Tesla to work. What a scumbag. "I wasn't making an environmental statement or a new age statement. Family comes first lord have mercy. How has the use of data analytics helped Delta stay ahead of the curve in the industry? I disagree with Bastians protectionist take on the ME3, but I wouldnt have canceled my vacation either as this meeting was never going to advance that cause. Im going to miss that. We want to encourage people to find out, to keep getting tested, and to continue to watch the signs to stop the spread, and the policy seemed like it was pushing people in the other direction. And when you join an airline, youre really signing up to be a citizen of the globe and being part of what it takes to keep the world moving together. But this is why I will continue to fly Delta..Priorities! He was a smart man, knowing that he needed to keep his family vacation, and knowing that it was going to be utterly useless sitting in front of the current president to discuss this. If trump is so damn good at dealing things they why need Ed. Theres an endless number of topics that you could pick on a social matter to engage in. And people are now back to doing what they do best, which is taking care of travelers and getting them safely to their destinations. glad he took that vaca. Many Georgia couples have had to downsize or postpone weddings amid COVID-19, but some are moving forward with weddings with as many as 100-150 guests He is known to go against the grain, even in executive corporate venues. Im sure his right hand could have dealt with it. Its easy when times are difficult to want to shy away when you dont have the answers to the questions that you need. Holiday with your nearest and dearest is so much more important than a meeting with Trump or any other meeting come to that. He spoke about the challenges he faced in keeping Delta going. People want to work here. As a supervisor in the transport industry I too have only 2 week vacation time a year to spend with my family! Could you clarify what your concerns are? Service is good but their employees suffer. Instead, Bastian studied accounting at St. Bonaventure University. Its going to probably take us just as long in our industry, but weve got a good path to follow if we stay focused and work closely with our government partners and our customers around the world. And its been a topic of conversation ongoing. Matthew is an avid traveler who calls Los Angeles home. I wasnt about ready to ask them to cancel a long-scheduled vacation. I agree entirely with your opinion in this article. You barely make cogent points about the travel industry, maybe you should stay out of politics and industrysince they are clearly over your depth. With over 10 years experience he's covered businesses, CEOs, and investments. Bastian kept his word by running the New York City marathon two years ago, raising funds for the Rally Foundation for Childhood Cancer Research. the higher position you take you know its not easy street but its also helps to provide for your family better. So one guy didnt show up so he throws the baby out with the bath water. And the main topic they wamted to discuss in this meeting -how Qatar Airlines investment in Air Italy is costing American jobs- (what a stretch) should further validate that this was all union! This is a recent athletic pursuit by Mr. Bastain, having put his running shoes on only a few years ago back in 2014. We didnt choose the pandemic. I recently spent a weekend at the @ventanabigsur. He ran his first marathon in 2014. What a moron for writing this, do you live to work or work to live? I just made the decision to fly 16 hours in economy class, consistently maintained represents an existential threat, Dense, Dimwitted Logic From A Deliberately Deceptive Delta CEO, Fascinating New York Times Interview With Delta CEO Ed Bastian, I Chose 16 Hours In United Economy Class, United Eliminates The Mystery Of First Class Meal Priority. [6], Bastian left Delta in 2005 to become senior vice president and chief financial officer at Acuity Brands. And Im fortunate enough now to be a CEO for six years. Mr. Bastain didnt found Delta Airlines but he was critical to its financial recovery after, ironically, returning to Delta in 2004 upon the request of then-CEO Jerry Grinstein of Delta. However, over the course of the next couple of weeks, certainly by the second week in January, things are pretty much back to normal here at Delta. About 20,000 people took the opportunity to retire in the latter part of 2020, so we needed to supplement our team, and weve been hiring all across the board, from pilots to flight attendants to technologists to aircraft mechanics to reservationists, airport workers, you name it. And they need to have that fully vetted and fully tested. Being pro-enforcement of illegal immigration laws, as Obama was, does not make one racist. Ed Bastian has been CEO of Delta Air Lines for nearly eight weeks after stepping into the role May 2, elevating his profile in the airline industry and in the business community in metro Atlanta. Certainly, finding a seat on an airline willing to get him where he needed to be would not have been a problem. But at the same time, when you see something happening in your or community that runs counter to the values of the company and what you espouse, particularly on behalf of your people, sometimes you feel compelled to voice your view, your concerns, and to engage. Not like he cant change his flights lol. When you think about the bigger question about retaining and recruiting, weve hired 9,000 people over the course of the last year. The science is (and I were continuing learning) with Omicron, theres a pretty concentrated couple days before youre symptomatic and a couple of days after where youre highly contagious. It was fairly easy to read the article and determine it was the latter. The company uses a BCI-based approach in its products and services. This may make it seem as if he has adopted a competitive lifestyle, but actually the marathon was the result of a bet he made with his Delta employees. ED BASTIAN: My pleasure, Adi, good to be with you. 6. We worked through it. I have no issue with him passing on the last-minute meeting. Delta CEO.got em and lives by em! My guess is he knew it was going to be a dog and pony show with no real results, especially with a president that is more interested in growing trump properties overseas than with issues at home. Its a disease that is killing off what little decision making people still do in this world of group think. How Long Will Walmarts Free Curbside Pickup Continue? We use the term headquarters, [but it] really needs to be a support center to the people out in the business that are making it happen out in the field.. 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