US Airways Group CEO Total 2006 Pay Valued At $5.4M >LCC
Apr 16, 2007, 6:23 pm
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US Airways Group CEO Total 2006 Pay Valued At $5.4M >LCC
US Airways Group CEO Total 2006 Pay Valued At $5.4M >LCC
DOW JONES NEWSWIRES
April 16, 2007 6:24 p.m.
DOW JONES NEWSWIRES
US Airways Group Inc. (LCC) Chairman and Chief Executive W. Douglas Parker's total compensation for 2006 was valued at $5.4 million, the airline said Monday.
In addition, Parker realized $9 million in value from the exercise of options for 272,250 shares, according to the proxy US Airways filed with the Securities and Exchange Commission.
Parker's compensation included a $550,000 salary, stock awards the company valued at $1.66 million, and $1.75 million in non-equity plan compensation.
Also included in Parker's compensation was about $48,000 worth of personal travel, tax payments and other benefits, the filing said.
President J. Scott Kirby's total 2006 compensation was valued at $2.9 million, the company said. Kirby also realized $7 million in value from the exercise of options for 193,875 shares.
DOW JONES NEWSWIRES
April 16, 2007 6:24 p.m.
DOW JONES NEWSWIRES
US Airways Group Inc. (LCC) Chairman and Chief Executive W. Douglas Parker's total compensation for 2006 was valued at $5.4 million, the airline said Monday.
In addition, Parker realized $9 million in value from the exercise of options for 272,250 shares, according to the proxy US Airways filed with the Securities and Exchange Commission.
Parker's compensation included a $550,000 salary, stock awards the company valued at $1.66 million, and $1.75 million in non-equity plan compensation.
Also included in Parker's compensation was about $48,000 worth of personal travel, tax payments and other benefits, the filing said.
President J. Scott Kirby's total 2006 compensation was valued at $2.9 million, the company said. Kirby also realized $7 million in value from the exercise of options for 193,875 shares.
Apr 16, 2007, 7:40 pm
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Also included in Parker's compensation was about $48,000 worth of personal travel, tax payments and other benefits, the filing said.
Apr 16, 2007, 7:50 pm
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Apr 16, 2007, 8:18 pm
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Apr 16, 2007, 8:39 pm
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Apr 16, 2007, 9:39 pm
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Apr 16, 2007, 10:19 pm
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Now some may realize why DP and gang are stuffing all the FF's and doing everything possible to increase short-term profit at the expense of the long-term. Nothing new here, sadly - Wall Street's focus on this quarter, and exec comp tied to the same metric.
It takes companies with good management (see GE) to realize the value of building and investing for long-term returns.
DP and gang know they will only be around for a few years - who cares what the next CEO will be face with. There's always Chapter 33.
It takes companies with good management (see GE) to realize the value of building and investing for long-term returns.
DP and gang know they will only be around for a few years - who cares what the next CEO will be face with. There's always Chapter 33.