other material
confidence high
sentiment neutral
materiality 0.40
Southwest Airlines raises executive pay; CEO Bob Jordan base salary $1.225M, LTI 1200%
SOUTHWEST AIRLINES CO
- Bob Jordan's base salary raised to $1,225,000, LTI target 1200% of base, STI 200%, effective Aug 15, 2026.
- COO Andrew Watterson gets $815,000 base, LTI 500%, STI 150%; CFO Tom Doxey, CCO Justin Jones, CCBO Anthony Roach each $805,000 base, LTI 500%, STI 135%.
- Compensation realigned to match largest three airline peers (American, Delta, United) using 2025 proxy data.
- Committee cited transformation success, expanded executive scope, and external recruiting risk as reasons for increases.
- Changes approved Aug 5, 2026; effective Aug 15, 2026.