home · filing · 0001683168-23-004182
8-K/A filed June 15, 2023, 7:59 PM ET
ticker DAL
CIK 0000027904
leadership
confidence high
sentiment neutral
materiality 0.60
Delta Air Lines discloses compensation for new COO Michael Spanos: $650K base, signing bonus, equity awards
DELTA AIR LINES, INC.
Initial annual base salary of $650,000; cash signing bonus of $250,000.
Initial equity award of $2,000,000 in Delta common stock, vesting in three equal annual installments.
Target award under Delta Management Incentive Plan for 2023: 175% of base salary, prorated.
Expected target award under Delta Long-Term Incentive Program for 2023: $5,500,000.
Mr. Spanos will also receive standard senior executive benefits, including flight benefits.
Executive movements
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Appointed
Michael Spanos
Chief Operating Officer
DAL ·
DELTA AIR LINES, INC.
Effective 2023-06-12
Filed June 15, 2023, 7:59 PM ET
announcing the appointment of Michael Spanos as the company’s Chief Operating Officer, effective June 12, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Spanos was appointed as Chief Operating Officer at DELTA AIR LINES, INC..
Action appointed
Role Chief Operating Officer
Exact text from the filing
announcing the appointment of Michael Spanos as the company’s Chief Operating Officer, effective June 12, 2023.
View on SEC.gov
Source: SEC EDGAR
accession 0001683168-23-004182
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