Time to eat Some squirrels have to spend a lot of time searching for food. Othsrs, like this one who lives in Roanoke's Elmwood Park, are luckier. Every morning about 7:30 he heads down Jefferson Street to Piedmont's City Ticket Office. He scratches on the door and agent Virginia Price comes out with some nuts for him. After he has eaten a few of the goodies he scurries back to the park with the leftovers, maybe to hide them for the week-end when the CTO is closed. February/March, 1976 Vol. XXVII, No. 2 Stockholders elect new director, approve stock purchase plan The stockholders elected a new director of Piedmont Aviation, Inc. at their annual meet ing on Apil 21,1976. Maurice H. Winger, Jr. became the 12th member of Piedmont’s Board. He is President of the American Enka Company. A graduate of William Jewell College and the law school of Duke University, Winger is a native of Kansas City, Missouri. He now lives in Biltmore, North Carolina. Winger has been president of Enka since 1970. He is a member of the board of directors of Akzona Incorporated and was recently ap pointed chairman of the executive advisory committee of the Man-Made Fiber Producers Association. He is a past chairman of the board of Asheville Country Day School and a former president of Western Carolina Manufacturers Association and the Asheville Art Museum. He is also on the board of trustees of the Uni versity of North Carolina at Asheville. The stockholders also approved a proposal adopted by the Company’s Board of Directors for an employee qualified stock purchase plan. All full time employees with two years of continuous service are eligible to participate in the Plan. It is designed to provide Piedmont’s employees with an opportunity to share in the Company’s future success. Basically, the Plan allows employees to buy Piedmont stock at 85 per cent of the fair market value as of April 21, 1976. Employees may in vest up to 10 per cent of their 1975 gross earn ings or $2500, whichever is less. Payment will be only through payroll deductions and will be spread over a 24 month period starting June 1 of this year. Employees may withdraw from the Plan at any time. Should they elect to do so, the Com pany will refund contributions plus 6 per cent annual interest. The Company has set aside 250,000 shares of stock for this Plan. The full details of the Plan and enrollment instructions are being sent to all employees. Any questions should be directed to the Em ployee Relations Department, INT - 230. Firsi quarter traffic showed increases Maurice H. Winger The airline division’s traffic figures for the first quarter of 1976 showed substantial in creases over the same period last year. Revenue passenger miles were up 9 per cent through March, from 220,816,564 in 1975 to 240,971,891 this year. The passenger load factor for the three- month period was 46 per cent this year as com pared to 42 per cent in 1975. Passenger boardings were up 8 per cent for the first quarter, from 763,740 last year to 826,266 at the end of March, 1976. In announcing the first quarter traffic re sults, Senior Vice President K. E. Ross said, “The first three months of the year are tradi tionally the weakest in our traffic picture. We are encouraged by the significant improvement shown in this area during January, February and March this year as compared to early 1975. We expect this trend to continue to improve as we go into our peak travel season.” Traffic and sales now customer services and marketing The recently announced realignment of the airline traffic and sales departments involved several changes in responsibility as well as organizational line-up. The new appointments are as follows: • W. G. McGee is now Vice President - Mar keting. He heads the redesignated marketing department. Consistent with this concept, the Director - Tariffs and the Director - Schedules will now report to McGee. S. C. Folger is now Assistant Vice President - Marketing. He con tinues to report to McGee. He will be responsi ble for all field sales personnel, the pass bureau and charter, agency, group and convention sales. E. T. Best’s new title is Vice President - Passenger Services. He reports to Senior Vice President K. E. Ross. Best has assumed the additional responsibilities for the flight atten dant group and related activities. This joins organizationally the two major groups of em ployees who have direct passenger contact. This change also frees the marketing department from that supervisory responsibility so that full attention can be given to the new marketing concept. A new position, Director - Marketing and Customer Services Budget Control has been filled by H. L. Warner. He will assist in budget control matters as well as assigned special pro jects. Warner will report to Ross. J. L. Martin has been named Director of In flight Services. He will report to Best. The Manager - Flight Attendant Training, Division Chief Flight Attendants and A. L. Huddleston, whose title is redesignated Manager of Inflight Services Administration, will report to J. L. Martin. P. D. Van Duser has been promoted to the position of Manager of Catering Services. He also reports to J. L. Martin. His increased re sponsibilities include all employee food services. D. M. Shanks’ new title is Assistant Vice President - Customer Relations. Manager - Customer Relations T. L. Martin now reports to Shanks. T. L. Martin will also assist in custo mer complaint activities. T. R. Cowen has been appointed Director of Customer Relations Administration. He con tinues to report to Shanks. W. S. Ryczek is now General Manager of Res ervations, reporting to Shanks. He has the full responsibility for all reservations activities. The new Marketing and Customer Services Departments continue to be the responsibility of Senior Vice President K. E. Ross. In making the realignment announcement Ross said “With the many problems confront ing the airline industry now and in the future, it is essential that Piedmont aggressively pur sue every opportunity for increased revenues and improved profitability. The Company is actively seeking new routes, however, it is equally important that a concerted effort be made to maximize the opportunities which now exist within our present system. These organiza tional realignments and personnel appointments are designed to better facilitate that effort. Essentially, a “Total Marketing Concept” is being introduced and under the leadership of the new Marketing Department, it is hoped that this concept will result in the active particina- tion of each and every Piedmont employee. The objective of a marketing concept is to provide profits through customer satisfaction as con trasted to a sales concept which is aimed to wards profits through sales volume.” I

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