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Liz Claiborne CEO Flies Coach to Cut Costs

And he may soon have company

By Kevin Spak, Newser Staff

Posted Dec 30, 2008 12:47 PM CST

(Newser) – Like most CEOs, William McComb is a jet-setter, flying 200,000 miles a year, give or take. But unlike most CEOs, he does it in the cheap seats, flying exclusively on commercial jets, and almost always in coach. “Every penny counts,” he reasons,... Read full story »

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Liz Claiborne CEO Flies Coach to Cut Costs

And he may soon have company

executive compensation • CEO • Liz Claiborne • private jet • financial crisis

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More Newser Stories

Bailed-Out Banks Boost CEO Perks

From private jets to bodyguards, they just keep taking

Cost-Cutting Companies Target No. 2 Execs

Corporations eliminate second-in-command roles to save on costs

Thain Accuses BofA of Lying About Bonuses

Fired Merill CEO tries to 'set the record straight' about $3.6B payout

Wall Street Execs Still Fly Private Jets

Costly travel rationalized as time saver

Exec Pay Likely to Stay in Stratosphere

Gov't measures to curb cash have backfired with strategies to win execs even more

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