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In 2023, Bastian's total compensation from Delta was $34.2 million, representing a CEO-to-median worker pay ratio of 336-to-1. [11] In 2024, Delta Air Lines went into a weeklong operational meltdown following the 2024 CrowdStrike incident while peer airlines quickly resumed normal operations. [12]
The Delta Board Council represents the non-contract employees of Delta Air Lines to the company's executive management and the board of directors.. The council was formed in 1996, and currently comprises one representative from each of Delta's major employee operating units: Airport Customer Service, Inflight Service, Management and Administrative employees, Reservation Sales, and Technical ...
Gerald Grinstein. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former chief executive officer (CEO) of Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline.
Douglas M. Steenland (born September 17, 1951) [1] is an American former corporate attorney and former airline executive. He had a 17-year career at Northwest Airlines, where he held numerous executive roles, including as president from 2001 through 2008, [2] and president and CEO of Northwest from October 2004 until its merger with Delta Air Lines in October 2008. [3]
On February 3, 2016, Delta Air Lines announced Anderson would retire as CEO effective May 2, 2016, and assume position as Executive Chairman of the Delta Air Lines board of directors. [8] On October 11, 2016, Anderson announced his retirement from the Board of Directors effective on the same day.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
Delta Air Lines is a major airline in the United States headquartered in Atlanta, Georgia. [1] It is the United States' oldest operating airline and the seventh-oldest operating worldwide . [ 6 ] Delta, along with its subsidiaries and regional affiliates, including Delta Connection , operates over 5,400 flights daily and serves 325 destinations ...
The company expects its "customer commitment packages" -- incentives offered to customers as some compensation -- will affect new ARR and subscription revenue by about $60 million at the end of ...