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Jerry C. Atkin has been a key player at SkyWest, Inc. since joining as Director of Finance in 1974, quickly rising to President and CEO by 1975. By 1991, he became the Chairman of the Board. His leadership spanned 41...

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Jerry C. Atkin

Ex-CEO of SkyWest

Field of Expertise

Transportation & Logistics - Aviation

Sector of Economy

Industrials

CEO of SkyWest for

41 years 0 months (Jan 1975 - Jan 2016)

Previous Experience

Unknown

Holdings

See how much did Jerry C. Atkin make over time.

Atkin’s wealth has primarily been tied to SkyWest stock, peaking significantly around his tenure as CEO. For instance, in 2011, his total compensation was reported at over $1 million, which included a solid salary complemented by performance bonuses linked to...

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Total Stock Sold

$19.95M

SKYW

$19.95M

671,227 SKYW shares

What if they kept their stock?

If Jerry C. Atkin didn't sell their stock, today they would have:
Extra SKYW671,227 shares worth $16.45M.
This is -17.56% and $3.50M less than what they got when they sold the stock.

Charitable Transactions

SKYW

1,144,902 shares

SKYW

Recent Charitable Transactions

SKYW

10,908 shares

SKYW

Nov 7, 2023

Charity

SKYW

77,272 shares

SKYW

Mar 29, 2023

Charity

SKYW

100,000 shares

SKYW

Nov 10, 2022

Charity

SKYW

74,270 shares

SKYW

Dec 31, 2019

Charity

SKYW

18,640 shares

SKYW

Dec 31, 2018

Charity

SKYW

13,500 shares

SKYW

Feb 7, 2018

Charity

Insider Trading

See recent insider trades of Jerry C. Atkin.

SKYW

1,053 shares

SKYW

Feb 6, 2024

Received

SKYW

10,908 shares

SKYW

Nov 7, 2023

Charity

SKYW

77,272 shares

SKYW

Mar 29, 2023

Charity

SKYW

5,362 shares

SKYW

Feb 7, 2023

Received

SKYW

100,000 shares

SKYW

Nov 10, 2022

Charity

SKYW

$3.64M

SKYW at $25.33/share

Mar 11, 2022

Purchase

SKYW

$2.79M

SKYW at $25.33/share

Mar 11, 2022

Purchase

SKYW

3,053 shares

SKYW

Feb 10, 2022

Received

SKYW

2,229 shares

SKYW

Feb 11, 2021

Received

Compensation History

See how much did Jerry C. Atkin make over time.

Over the years, Jerry Atkin's compensation at SkyWest, Inc. varied significantly, reflecting both company performance and the structure of executive pay. In 2016, he received a total of about $2.36 million, which included a base salary of $400,000, with the rest coming from vested stock and various perks. Notably, performance-based bonuses fluctuated; for example, in 2015, he earned a gross of around $2.27 million, growing even as he phased out of the CEO role. His compensation also included contributions to retirement plans and health benefits, aligning his interests with those of his shareholders. In previous years, he had strong payouts, sometimes in forms of stock realizations when SkyWest performed well, especially during growth periods. This structure showed SkyWest's approach to compensation—attracting and retaining talent while encouraging a focus on long-term value creation for its shareholders.

Year

2016

Total Compensation

$1.60M

Salary

$400.00K

Board Justification

The overall objective of the Company’s executive compensation programs is to create long-term value for the Company’s shareholders by attracting and retaining talented executives that effectively manage the Company in a manner that is consistent with the long-term interest of shareholders.

Bonus

$0.00

Board Justification

No discretionary annual performance bonuses were awarded to the Named Executives in 2015 or 2016.

Other

$796.36K

Board Justification

Includes employer credits under the SkyWest Deferred Compensation Plan, employer-paid health insurance premiums, personal vehicle lease, personal use of the Company’s recreational equipment, and discretionary matching contributions under the SkyWest 401(k) Plan.

Restricted Stock

$400.00K(400K Restricted Stock Units (RSUs))

Board Justification

Restricted stock units that vested in 2016, based on the grant date fair value of the awards as computed under ASC Topic 718.

Performance Metrics

Pre-tax earnings and controllable completion objectives were set for the annual cash incentive determination.

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