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...

Current Market Cap

$40.82B

Number of Employees

103K

Total Compensation

2019 - 2023

Trending up by 266.44% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 345.94% last year

Salary

Up by 0.00% last year

Bonus

Up by 259.07% last year

Other

Up by 31.25% last year

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.

SEC Filing

From April 26, 2024