This posted on blog Footnoted.org is a pretty nice example of resource allocation gone awry. Looks like Edward Mueller, the CEO of Qwest Communications (Q) has received approval to have his wife and stepdaughter use the company jet for their personal use as revealed in the company's amended employment agreement which the company filed late Friday.
Per Footnoted.org, The stepdaughter attends high school in California and Qwest is based in Denver. “The amendment reflects a great appreciation for his family situation as his daughter wraps up her current schooling in California,” Qwest spokesman Bob Toevs told the newspaper. My guru on all things corporate jet-related estimates that this perk could cost Qwest as much as $600K, assuming normal charter rates for the Falcon 2000.
Quite a length to go to demonstrate a "great appreciation for his family situation." I assume there was little to no discussion around this investment of Qwest resources? Perhaps the more pressing question is how does his stepdaughter get to the mall?
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