4 ms·
Ed Bastian, CEO of Delta Airlines requested the board cut his salary when he had to lay off people during the covid travel implosion. I think it ended up being
by missedthecue 4y ago
Ed Bastian, CEO of Delta Airlines requested the board cut his salary when he had to lay off people during the covid travel implosion. I think it ended up being cut 50% that year.
- cableshaft 4y ago"As Chief Executive Officer at DELTA AIR LINES, INC., Edward H. Bastian made $12,360,420 in total compensation. Of this total $950,000 was received as a salary, $3,038,542 was received as a bonus, $4,125,062 was received in stock options, $4,125,186 was awarded as stock and $121,630 came from other types of compensation. This information is according to proxy statements filed for the 2021 fiscal year." Salary is often one of the smallest parts of a CEO's compensation, so it doesn't mean a whole lot. It's better than nothing, though. Source: https://www1.salary.com/Edward-H-Bastian-Salary-Bonus-Stock-Options-for-delta-air-lines-inc.html https://www1.salary.com/Edward-H-Bastian-Salary-Bonus-Stock-...