Delta CEO's pay jumps 42 percent

Author:
Updated:
Original:

Compensation for Delta CEO Richard Anderson last year rose to nearly $12.6 million last year, up from $8.9 million in 2011, according to a Securities and Exchange Commission filing Tuesday.

The Business Journal reports Anderson's total compensation included a $652,000 salary, up 8.7 percent; $7 million in stock awards, the same as 2011; $2 million in option awards, up from none in 2011; and $2.7 million in pension value and nonqualified deferred compensation earnings, up 158.7 percent.

Delta said it was Anderson's first base salary increase since he joined the company as CEO in 2007, the Associated Press reports.

Delta made a $1 billion profit last year, more than its chief competitors United and American airlines.

Minneapolis-St. Paul International Airport is Delta's second-largest hub. Atlanta, where the airline is headquartered, is the largest.

Next Up

William Carlson

Nearly 80 years later, Minnesotan honored for WWII heroism

He defended a sinking passenger ship from a U-boat.

ambulance, crash

Pedestrian fatally struck by driver in Brooklyn Park

The identity of the victim has not been released.

storm, severe weather, shelf cloud

Some storms could pack a punch Sunday afternoon

Widespread severe weather is not expected, but some storms could get feisty.

ambulance

Man, 23, killed in single-vehicle wreck near St. Cloud

The crash happened on Highway 10 around 11:30 a.m.

Byron Buxton

Buxton returns, Twins get another victory in Texas

Buxton missed 39 games with a hip strain.

20210618_152429

Homicide in Robbinsdale leads to 10-hour standoff in Brooklyn Center

The suspect was at a residence in Brooklyn Center.

fireworks

St. Paul will not put on fireworks display this year, citing budget concerns

Minneapolis and Stillwater have also canceled their displays this year due to logistical challenges.

minneapolis police

5 people shot overnight in Dinkytown, investigation underway

It happened in the area of 14th Ave SE and 4th St SE.

Related

Average parking rate in downtown Minneapolis jumps 8 percent

A new parking survey from Colliers International shows the average rate in downtown Minneapolis is $13 per day, the Business Journal reports. That's up about 8 percent from last year, but the rate is still more than four dollars below the national average of $17.19.