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Delta Air Lines Executive Compensation (FY25)

DAL · Atlanta, GA · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Delta Air Lines

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 7, 2026Latest filing (8-K): June 22, 2026
14 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Delta Air Lines brief$1,500Get the executive brief
290 figures on this page: 280 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Edward Bastian
Latest say-on-pay support
=
June 18, 2026
Chief executive pay ratio
◇
To the median employee

More on Delta Air Lines

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Edward Bastian: $27,117,069 → $19,222,401 (29.1% lower)
CEO pay ratio: 258:1 → 190:1 (26.4% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Delta Air Lines' chief executive and what were they paid?
Edward Bastian, Chief Executive Officer, received $19,222,401 in total compensation for fiscal 2025. Compared with the $27,117,069 reported for fiscal 2024, Bastian's total was 29.1% lower.
What was Delta Air Lines' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.3% of votes cast including abstentions in favor at the meeting held June 18, 2026.
Which companies are in Delta Air Lines' peer group?
Companies named in the disclosed peer group include American Airlines Group Inc., American Express Company, Best Buy Co., Inc., Deere & Company and FedEx Corporation, among others.
What is Delta Air Lines' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 190:1, against median employee compensation of $100,976.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Bastian
Chief Executive Officer
◇—◇—◇—◇◇
Glen Hauenstein
President
◇—◇—◇—◇◇
Daniel Janki
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Peter Carter
Executive Vice President - Chief External Affairs Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Bastian
Chief Executive Officer
◇◇◇—◇—◇◇
Glen Hauenstein
President
◇◇◇—◇—◇◇
Peter Carter
Executive Vice President - Chief External Affairs Officer
◇◇◇—◇—◇◇
Michael Spanos
Former Executive Vice President & Chief Operating Officer
Departed during or after this year
◇◇◇—◇—◇◇
Daniel Janki
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Bastian
Chief Executive Officer
◇◇◇◇◇—◇◇
Glen Hauenstein
President
◇◇◇—◇—◇◇
Peter Carter
Executive Vice President - Chief External Affairs Officer
◇◇◇—◇—◇◇
Michael Spanos
Former Executive Vice President & Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Daniel Janki
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Alain Bellemare
Executive Vice President & President - International
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Bastian
Chief Executive Officer
◇—◇—◇—◇◇
Glen Hauenstein
President
◇—◇—◇—◇◇
Daniel Janki
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Peter Carter
Executive Vice President - Chief External Affairs Officer
◇—◇—◇—◇◇
Alain Bellemare
Executive Vice President & President - International
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alain M. BellemareRSU◇——◇——◇
Alain M. BellemareRSA◇——◇——◇
Daniel C. JankiRSU◇——◇——◇
Daniel C. JankiRSA◇——◇——◇
Edward H. BastianRSA◇——◇——◇
Edward H. BastianRSU◇——◇——◇
Glen W. HauensteinRSA◇——◇——◇
Glen W. HauensteinRSU◇——◇——◇
Peter W. CarterRSU◇——◇——◇
Peter W. CarterRSA◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Alain BellemarePSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Daniel JankiPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Edward BastianPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Peter CarterRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Glen HauensteinPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David S. Taylor
Board chair
◇◇———◇◇
David G. DeWalt
◇◇———◇◇
Leslie D. Hale
◇◇———◇◇
Kathy N. Waller
◇◇———◇◇
Sergio A. L. Rial
◇◇———◇◇
Michael P. Huerta
◇◇———◇◇
Maria Black
◇◇———◇◇
Greg Creed
◇◇———◇◇
Willie CW Chiang
◇◇———◇◇
Christophe Beck
◇◇———◇◇
Vasant M. Prabhu
◇◇———◇◇
Judith J. McKenna
◇◇———◇◇
Christopher A. Hazleton and Edward H. Bastian served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Airlines Group Inc. AAL
  • American Express Company AXP
  • Best Buy Co., Inc. BBY
  • Deere & Company DE
  • FedEx Corporation FDX
  • Honeywell International Inc. HON
  • Marriott International, Inc. MAR
  • McDonald's Corporation MCD
  • NIKE, Inc. NKE
  • RTX Corporation RTX
  • Southwest Airlines Co. LUV
  • Starbucks Corporation SBUX
  • Target Corporation TGT
  • The Boeing Company BA
  • The Coca-Cola Company KO
  • The Home Depot, Inc. HD
  • The Procter & Gamble Company PG
  • Uber Technologies, Inc. UBER
  • Union Pacific Corporation UNP
  • United Airlines Holdings, Inc. UAL
  • United Parcel Service, Inc. UPS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 18, 2026=◇◇◇
2024June 20, 2025=◇◇◇
2023June 20, 2024=◇◇◇
2022June 15, 2023=◇◇◇
2021June 16, 2022=◇◇◇
2020June 17, 2021=◇◇◇
2019June 18, 2020=◇◇◇
2018June 20, 2019=◇◇◇
2017June 29, 2018=◇◇◇
2016June 30, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Delta Air Lines disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Delta Air Lines sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
290 figures on this page: 280 cited to the filing that reported them, 10 calculated from figures it prints.
280 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001683168-26-005025
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001308179-26-000345
    CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation Table · Grants of Plan-Based Awards Table · and 2 more sections
  3. 0001683168-25-004655
  4. 0001308179-25-000514
    Summary Compensation Table
  5. 0001683168-24-004395
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001308179-24-000615
    Summary Compensation Table
  7. 0001683168-23-004180
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001308179-23-000817
    Summary Compensation Table
  9. 0001683168-22-004400
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001683168-21-002610
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001683168-20-002010
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001683168-19-001952
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001683168-18-001817
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001683168-17-001687
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Delta Air Lines executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DAL (accessed 2026).
Short form: data: Velarion

The paid brief for Delta Air Lines

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Delta Air Lines discloses

The companies named in DAL's own disclosed peer group.

American Airlines Group Inc.American Express CompanyBest Buy Co., Inc.Deere & CompanyFedEx CorporationHoneywell International Inc.Marriott International, Inc.McDonald's CorporationNIKE, Inc.RTX CorporationSouthwest Airlines Co.Starbucks CorporationTarget CorporationThe Boeing CompanyThe Coca-Cola CompanyThe Home Depot, Inc.The Procter & Gamble CompanyUber Technologies, Inc.Union Pacific CorporationUnited Airlines Holdings, Inc.United Parcel Service, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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