Ben Minicucci is the CEO of Alaska Air Group, Inc., where he has been leading since March 31, 2021. He took the helm in a carefully planned transition following the retirement of his predecessor. In 2023, Minicucci's total compensation reached...

Number of Employees

23.01K

Year

2023

Total Compensation

$2.25M

Salary

$637.69K

Board Justification

The compensation program is designed to attract and retain top talent, align with business strategy, and reward the achievement of key business goals, with a significant portion of total direct compensation being performance-based.

Bonus

$1.22M

Board Justification

Annual incentive pay under the Performance Based Pay (PBP) Plan, based on profitability, safety, guest experience, and emissions reduction metrics.

Other

$386.45K

Board Justification

Includes contributions to retirement plans, life insurance premiums, travel benefits, and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus was on performance-based pay and the stock grants were not included in total compensation calculations.

Performance Metrics

The performance metrics for the annual incentive pay include profitability, safety, guest experience, and emissions reduction.

SEC Filing

From March 28, 2024