Gary Kelly became the CEO of Southwest Airlines Co. (NYSE:LUV) in 2004, and we think it’s a good time to look at the executive’s compensation against the backdrop of overall company performance. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Southwest Airlines.
Comparing Southwest Airlines Co.’s CEO Compensation With the industry
According to our data, Southwest Airlines Co. has a market capitalization of US$24b, and paid its CEO total annual compensation worth US$8.8m over the year to December 2019. That’s a notable increase of 14% on last year. While this analysis focuses on total compensation, it’s worth acknowledging that the salary portion is lower, valued at US$750k.
On comparing similar companies in the industry with…