Nike Air Max Flyknit 2014

Nike Air Max Flyknit 2014

Nike Air Max Flyknit 2014

out.

The Associated Press formula calculates an executive's total compensation during the last fiscal year by adding salary, bonuses, perks, above market interest the company pays on deferred compensation (which Anderson didn't receive) and the estimated value of stock and stock options awarded during the year. The AP formula does not count changes in the present value of pension benefits. That makes the Nike Air Max Flyknit 2014 AP total slightly different in most cases from the total reported by companies to the Securities and Exchange Commission.

During 2010, Delta said it increased Anderson's potential rewards under a long term incentive plan because of his "outstanding leadership during Delta's merger with Northwest and the seamless integration of the operations of the two airlines," and the fact that he is running a substantially larger airline now, according to the filing.

Nike Air Max Flyknit 2014

Nike Air Max Flyknit 2014

A profitable year for Delta Air Lines turned into a profitable year for CEO Richard Anderson, too.

Nike Air Max Flyknit 2014

Nike Air Max Flyknit 2014

The value that a company assigned to an executive's stock and option awards for 2010 was the present value of what the company expected the awards to be worth to the executive over time. Companies use one of several formulas to calculate that value. However, the number is just an estimate, and what an executive ultimately receives will depend on the performance of the company's stock in the years after the awards are granted. Most stock compensation programs require an executive to wait a specified amount of time to receive shares or exercise options.

Nike Air Max Flyknit 2014

Last year Delta turned its first profit since 2007. It earned $593 million after losing $1.24 billion in 2009. Revenue last year rose 13 percent to $31.76 billion. Delta shares rose 10.7 percent during the year, finishing 2010 at $12.60. Rising oil prices have hurt shares since then, and they closed at $10.38 on Friday.

Nike Air Max Flyknit 2014

benefits and other perks valued at $1.2 million, so the two payments roughly offset each other.

Nike Air Max Flyknit 2014

Anderson collected compensation worth about $8 million last year, according to an Associated Press analysis of a filing made Friday afternoon.

Anderson, 56, received stock awards valued at $6 million last year, down from $6.6 million a year earlier.

He also received $183,297 in contributions to retirement plans, tax reimbursements, and life insurance premiums. The figure includes $46,961 for flight benefits, financial planning, and home security.

Delta said Anderson's base salary has not changed since he joined Delta as CEO on Sept. 1, 2007. He gets incentive pay in cash for years like 2010, when Delta turns a profit and has a payout under its profit sharing plan. He gets incentive pay Nike Air Max Orange And Blue

Nike Air Max Flyknit 2014

Delta pays CEO 8 million for 2010

The pay for Anderson was down 4 percent from the previous year. His $600,000 salary didn't change. But for 2010 he received incentive pay of almost $1.3 million. He didn't get that incentive pay in 2009 because Delta didn't turn a profit that year. But he did get relocation Nike Air Max Olive

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