Airline CEO Compensation Sees Significant Rate Of Climb | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.23.18

AMA Drone Report 05.24.18

Airborne 05.18.18

Airborne-YouTube

Airborne 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.23.18

AMA Drone Report 05.24.18

Airborne 05.18.18

Thu, May 03, 2012

Airline CEO Compensation Sees Significant Rate Of Climb

United, Delta Boost Pay For Chief Executives

We know it comes with a lot of responsibility, but the position of airline CEO also comes with a healthy, and apparently growing, compensation package.

The Associated Press reports that United Continental Holdings CEO Jeff Smisek has seen his pay and other compensation jump from $4.4 million in 2012 to $13.4 million in 2011. The numbers were reported in a proxy statement filed late last week with the Security and Exchange Commission (SEC). The figure does not include the value of Mr. Smisek's pension.

A report from Reuters shows Smisek's package to be even higher ... as much as $14.7 million. The news service says that about half of that is in stock awards which are tied to performance goals. The filing said the boost reflected the increase in responsibilities for the merged airlines.

Over at Delta, the AP reports that CEO Richard Anderson (pictured, below) has seen his compensation jump from $8 million to $8.9 million. His base salary remained the same, according to an SEC report, at $600,000, but the stock award value grew by $1 million.

After seeing Mr. Smisek's numbers, Mr. Anderson may be looking around for an airline for Delta to buy.

FMI: www.sec.gov


Advertisement

More News

Airborne 05.21.18: Bally Bomber At OSH18!, Belite Chipper, CH-53 Deliveries

Also: NATS-Aireon, H135 For US Navy, EmPower STC, Spidertracks-Olympic Aero Services Oshkosh 2018 is ramping up to be an outstanding addition to an aviator’s MUST-SEE list...>[...]

Airborne-Unmanned 05.22.18: Aurora ACUS, Horsefly Delivers, K2 LEO UAS

Also: Aero-TV: Textron's X5-55, InfraDrone App, NASA's Mars Helicopter, Gremlins on Track This month, Aurora’s Autonomous Aerial Cargo Utility System (AACUS) successfully del>[...]

AMA Drone Report 05.17.18: AMA Expo West Upgrades, UAS IPP, Amazon Snubbed

Also: Drones v Flaming Kites, Sherrif Drones, ALPA Is Watching..., Wichita Aviation Pathway After a number of years in Ontario, California; the highly anticipated 2018 rendition of>[...]

ANNouncement: Now Accepting Applications For Oshkosh 2018 Stringers!!!

An Amazing Experience Awaits The Chosen Few... E-I-C Note: There's very little we can say yet, but there is a reason why this may be THE year to throw in with ANN to cover the extr>[...]

It's On--Again! EAA/ANN Announce 2018 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Draws Hundreds of Thousands of Eyeballs to ‘All Things AirVenture’ E-I-C Note: We're tremendously excited to work with EAA agai>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC