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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 08.22.16

Airborne 08.23.16

Airborne 08.24.16

Airborne 08.25.16

Airborne 08.19.16

Airborne Hi-Def On YouTube

Airborne 08.22.16

Airborne 08.23.16

Airborne 08.24.16

Airborne 08.25.16

Airborne 08.19.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

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 08.23.16: Santa Monica Fights On, ISS Readies, ICAO Flight Plans

Also: ANN Is Hiring!, Aero-Calendar, UAV v Helo, AIA Briefs Clinton, First LM-100J, Teamsters, Smalltrack A resolution has been considered by the Santa Monica City Council would ma>[...]

Airborne 08.22.16: Small Drone Rule, Lightspeed Tango, Paper Chart Prices

Also: CommutAir, Norseman Takeoff, Asteroid Sample, A-4 Accident, RS-25 Test, ANA's 50th 787, Banyan Repair Station We have been covering the news about FAR 107, which addresses no>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2016-16-15 PRODUCT: certain Bombardier, Inc. Model DHC-8-400, -401, and -402 airplanes.>[...]

AD: Airbus Airplanes

AD NUMBER: 2016-16-14 PRODUCT: All Airbus Model A318, A319, A320, and A321 series airplanes.>[...]

ANN's Daily Aero-Linx (08.24.16)

Cavanaugh Flight Museum The Cavanaugh Flight Museum opened in October 1993, the brainchild of its founder, entrepreneur Jim Cavanaugh. Cavanaugh placed his growing collection of hi>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC