United Airlines files proxy statement, helps put executive salary cuts in context [MarketWatch]
United Airlines Holdings, Inc. (UAL)
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Source: MarketWatch
United Airlines Holdings Inc. filed late Thursday its 2020 proxy statement, which details what its executives were paid in 2019, and helps put in context the executive salary cuts the air carrier has announced in response to the impact of the COVID-19 pandemic. United has said that Chief Executive Oscar Munoz and President Scott Kirby have waived 100% of their base salaries from March 10 through at least June 30. In 2019, Munoz's base salary was $1.25 million, which represented 9.9% of his total compensation of $12.64 million, including $2.89 million in non-equity incentive plan compensation and $442,933 in other compensation. Kirby's 2019 base salary was $875,000, or 5.2% of total compensation of $16.78 million, which included $1.38 million in non-equity incentive plan compensation and $232,484 in other compensation. The proxy statement also said that the estimated median compensation of all employees in 2019, excluding the CEO, was $74,750 making the ratio of the CEO's pay to all em
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Sec Filings
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- 10/16/25 - Form 10-Q
- UAL's page on the SEC website