Delta CEO to forgo all of his base salary for 6 months; his base in 2019 was 5.5% of total compensation [MarketWatch]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: MarketWatch
Delta Air Lines Inc. said in its 2020 Proxy Statement, filed late Thursday, that Chief Executive Edward Bastian was forgoing all of his base salary for six months, starting April 1, as a result of the "unprecedented challenges" the company is facing amid the COVID-19 pandemic. To put that in context, Bastian's 2019 base salary of $945,833 represented 5.5% of total compensation of $17.33 million. That's up from a base of $891,667 and total compensation of $14.98 million in 2018. Bastian's total compensation in 2019 includes $8.38 million worth of stock awards, $4.13 million worth of option awards and $3.52 million in non-equity incentive plan compensation. The stock, which as lost 53.3% year to date, had rallied 17.2% in 2019, while the Dow Jones Transportation Average rose 18.9% last year and the Dow Jones Industrial Average advanced 22.3%.
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DAL
Earnings
- 1/13/26 - Miss
DAL
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- DAL's page on the SEC website