Robert E. Jordan took the helm as the CEO of Southwest Airlines in February 2022, bringing over 30 years of experience with the company after joining as a programmer in 1988. Before becoming CEO, he held various executive roles, including...

Current Market Cap

$19.37B

Number of Employees

74.7K

Total Compensation

2022 - 2023

Trending down by -45.43% last year
Showing total compensation for the last 2022 - 2023

Stock

Down by -100.00% last year

Salary

Up by 3.42% last year

Bonus

Down by -100.00% last year

Other

Up by 687.56% last year

Year

2023

Total Compensation

$1.11M

Salary

$700.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as per the compensation structure.

Other

$405.79K

Board Justification

Includes contributions to 401(k), profit sharing, and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus was on cash compensation and performance-based awards.

Performance Metrics

Performance metrics included EBITDA targets and operational excellence measures, with a payout based on achieving 57.5% of target.

SEC Filing

From April 5, 2024

Robert E. Jordan

CEO of Southwest Airlines

S

Education

Bachelor's degree in Business Administration from the University of Texas at Austin.

Field of Expertise

Business & Management

Born

February 1, 1960 - 64 years ago

Is Founder?

No

Current Tenure

2 years 9 months (Feb 2022 - Present)

Previous Experience

Executive Vice President & Incoming Chief Executive Officer from June 2021 to February 2022; Executive Vice President Corporate Services from July 2017 to June 2021; Executive Vice President & Chief Commercial Officer from September 2011 to July 2017; Executive Vice President Strategy & Planning from May 2008 to September 2011; Senior Vice President Enterprise Spend Management from August 2004 to September 2006; Vice President Technology from 2002 to 2004; Vice President Purchasing from 2001 to 2002; Controller from 1997 to 2001; Director Revenue Accounting from 1994 to 1997; Manager Sales Accounting from 1990 to 1994; Joined the Company in 1988 as a programmer.

View Holdings

Insider Holdings of Robert E. Jordan

LUV

$11.26M

$4.73M (72.52%)

Last Insider Trade

LUV

142,957 shares

LUV

Jan 31, 2024

Received