Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Ben Minicucci

CEO of Alaska Air Group

Sector of Economy

Industrials

CEO of Alaska Air Group for

4 years 0 months (Mar 2021 - Present)

Previous Experience

Unknown

Holdings

See how much did Ben Minicucci make over time.

As of now, Ben Minicucci holds vested stock options that significantly contribute to his wealth portfolio. In previous years, stock awards and options played a crucial role in his compensation structure. For instance, in 2022, he had stock and options...

Mar 11, 2025

Total Stock Sold

$11.49M

ALK

$11.49M

270,874 ALK shares

What if they kept their stock?

If Ben Minicucci didn't sell their stock, today they would have:
Extra ALK270,874 shares worth $8.56M.
This is -25.5% and $2.93M less than what they got when they sold the stock.

Charitable Transactions

ALK

1,028 shares

ALK

Recent Charitable Transactions

ALK

56 shares

ALK

Dec 16, 2024

Charity

ALK

250 shares

ALK

Dec 7, 2016

Charity

ALK

260 shares

ALK

Nov 16, 2015

Charity

ALK

116 shares

ALK

Mar 12, 2014

Charity

ALK

132 shares

ALK

Nov 12, 2013

Charity

ALK

214 shares

ALK

Aug 27, 2012

Charity

Insider Trading

See recent insider trades of Ben Minicucci.

ALK

$689.61K

ALK at $69.93/share

Jan 24, 2025

Sale

ALK

56 shares

ALK

Dec 16, 2024

Charity

ALK

$1.95M

ALK at $65.07/share

Dec 12, 2024

Sale

ALK

18,116 shares

ALK

Feb 13, 2024

Received

ALK

$2.03K

ALK at $36.27/share

Dec 7, 2023

Purchase

ALK

$243.66K

ALK at $48.73/share

Jun 8, 2023

Sale

ALK

7,510 shares

ALK

Feb 11, 2023

Received

ALK

4,494 shares

ALK

Feb 7, 2022

Received

ALK

$962.29K

ALK at $66.82/share

Mar 25, 2021

Sale

ALK

2,813 shares

ALK

Feb 8, 2021

Received

Compensation History

See how much did Ben Minicucci make over time.

In 2023, Ben Minicucci's total compensation reached $10.3 million, including a salary of $637,692, a performance bonus of $1.2 million, and other benefits valued at approximately $386,446. His compensation strategy emphasizes pay for performance, with no stock or options awarded in 2023 but a significant focus on achieving business goals. This links directly to the company’s performance metrics, which include profitability, safety, guest experience, and emissions reductions. Minicucci’s pay reflects the airline industry’s standards, aiming to attract and retain top talent while meeting shareholder expectations. His previous years also showed a notable increase in earnings, showcasing his capability to lead successfully through challenging times. The growth in his compensation package underlines Alaska Air Group's ambition to align executive pay with the company’s overall success in a competitive landscape. The overall structure ensures he benefits directly from the airline’s achievements, reinforcing a culture of performance and accountability. Meanwhile, the strategy also considers the impact of operational efficiencies and corporate responsibility in shaping future growth and long-term stakeholder value.

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.

Other Alaska Air Group CEOs

Here are other CEOs of Alaska Air Group