Sundar PichaiSundar Pichai earned $164M in 2023

Ed Bastian is the CEO of Delta Air Lines, a position he's held since 2016. Born in 1961, he has a background in aviation and a long career at Delta, where he has worked since 1998. Bastian started as the...

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Ed Bastian

CEO of Delta Air Lines

Education

Not specified

Field of Expertise

Transportation & Logistics - Aviation

Sector of Economy

Industrials

Born

January 1, 1961 - 64 years ago

CEO of Delta Air Lines for

8 years 10 months (Jun 2016 - Present)

Previous Experience

Former President and CFO of Delta Air Lines, Inc.

Holdings

See how much did Ed Bastian make over time.

Ed Bastian has shown a keen interest in Delta’s stock through his trading activities. Notably, he had several significant transactions, with sales peaking around $22 million in early 2020. His trading patterns reveal an active engagement with the company's stock,...

Total Stock Sold

$111.69M

DAL

$111.69M

3,023,580 DAL shares

What if they kept their stock?

If Ed Bastian didn't sell their stock, today they would have:
Extra DAL3,023,580 shares worth $73.75M.
This is -33.97% and $37.94M less than what they got when they sold the stock.

Charitable Transactions

DAL

50,500 shares

DAL

Recent Charitable Transactions

DAL

500 shares

DAL

May 29, 2015

Charity

DAL

25,000 shares

DAL

May 26, 2015

Charity

DAL

25,000 shares

DAL

Nov 13, 2014

Charity

Insider Trading

See recent insider trades of Ed Bastian.

DAL

392,652 shares

DAL

Feb 5, 2025

Received

DAL

$6.41M

DAL at $69.85/share

Jan 22, 2025

Sale

DAL

$3.83M

DAL at $56.33/share

Oct 28, 2024

Sale

DAL

90,870 shares

DAL

Feb 7, 2024

Received

DAL

$2.82M

DAL at $39.20/share

Feb 1, 2024

Sale

DAL

89,126 shares

DAL

Feb 8, 2023

Received

DAL

$1.50M

DAL at $31.58/share

Aug 31, 2022

Sale

DAL

$1.09M

DAL at $39.55/share

May 23, 2022

Sale

DAL

96,856 shares

DAL

Feb 9, 2022

Received

DAL

201,991 shares

DAL

Feb 3, 2021

Received

Compensation History

See how much did Ed Bastian make over time.

In 2023, Ed Bastian's total compensation was about $33.4 million. This included a salary of $950,000 and a significant bonus of $9.6 million, highlighting his strong performance leadership at Delta. The bonus was part of Delta’s Management Incentive Plan, aimed at rewarding executives for meeting crucial company goals. He also received approximately $19 million worth of vested stock grants tied to the company's long-term performance. Other benefits added to his compensation included contributions to retirement plans and tax reimbursements. His pay structure reflects a strong alignment with Delta's performance, showcasing a focus on rewarding effective leadership and operational excellence. This kind of performance pay philosophy has been critical to attracting and retaining top talent in a competitive industry.

Year

2023

Total Compensation

$29.96M

Salary

$950.00K

Board Justification

Delta's compensation philosophy emphasizes pay for performance, aligning executive compensation with the company's financial and operational goals, and retaining top talent through competitive compensation packages.

Bonus

$9.60M

Board Justification

The bonus is part of the 2023 Management Incentive Plan (MIP) based on Delta's achievement of short-term business goals in 2023, which was paid in cash due to a profit-sharing payout to employees.

Other

$371.18K

Board Justification

Other compensation includes contributions to the qualified defined contribution plan, tax reimbursements, and perquisites such as an annual physical examination.

Restricted Stock

$19.03M(473.15K Performance Restricted Stock Units)

Board Justification

The performance restricted stock units granted under the 2023 Long-Term Incentive Program (LTIP) that vested in 2023, based on the achievement of pre-established performance measures.

Performance Metrics

The performance metrics for 2023 included pre-tax income, operational performance, and customer service measures, which directly influenced the compensation structure.

Other Delta Air Lines CEOs

Here are other CEOs of Delta Air Lines