AAAA Execs Use Dues to Fly First Class, Cost-Conscious CEOs Fly Coach
A tipster who wishes to remain anonymous traveled to the AAAA's Conference last week and tells us about an interesting observation. We'll let them tell it in their own words. "I was flying to the 4A's conference and something struck me as funny. There were 3 4A's staff (senior level) heading out to the conference all in first class. There were about 6 agency execs (one being a c-level) all in coach. Per the presentation at the meeting over 70% of the 4A's revenues comes from dues paid by the agencies. Unbelievable that they [the AAAA's execs] chose to spend it less responsibly than the agencies that give it to them in the first place. Lower spending = Lower dues." Right on. Ah, but how ad wags love their perks.
Comments
Not that I am one to jump to the defense of senior execs at agencies, but this might have something to do with them constantly being on the road and frequent flier status?
Senior agency execs would be flying first class if they were billing the client, and the client would be in coach.