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 05.04.15

Airborne 05.05.15

Airborne 05.06.15

Airborne 04.30.15

Airborne 05.01.15

Airborne Hi-Def On YouTube

Airborne 05.04.15

Airborne 05.05.15

Airborne 05.06.15

Airborne 04.30.15

Airborne 05.01.15

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

AeroSports Update: Protect Your Aircraft From Theft

The Recent Alleged Theft Of A GA Airplane Should Remind Us To Use Adequate Antitheft Protection After the tragic event known as 9-11, safety precautions were placed in effect aroun>[...]

Airborne 05.05.15: UAV Vandalism, Ryanair Ripped Off, B-1 Upgrades

Also: United CEO Pay Raise, Aero-Calendar, Space Video Game, Frequent Flier Letdowns, Billion Dollar Cargo Suit, Honeywell/737MAX Indiscriminate use of small UAVs has posed a probl>[...]

Airborne 05.04.15: NBAA Acts On E Hampton, NASA's Messenger, Another 'Carplane?'

Also: Dreamliner AD, K-MAX, Building B737NGs, USAF In Nepal, Airbus Training Ctr, FAA SAFO According to the NBAA, town officials are poised to implement a set of noise and access r>[...]

Airborne 05.05.15: UAV Vandalism, Ryanair Ripped Off, B-1 Upgrades

Also: United CEO Pay Raise, Aero-Calendar, Space Video Game, Frequent Flier Letdowns, Billion Dollar Cargo Suit, Honeywell/737MAX Indiscriminate use of small UAVs has posed a probl>[...]

Continental Motors To Purchase Assets From Danbury

Acquires The Titan Brand Of Engines And Parts Continental Motors Group has entered into an agreement with Danbury Aerospace to purchase essentially all of the assets associated wit>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC