American Airlines CEO Opts for Stock-Only Compensation
“I believe this is the right way for my compensation to be set — at risk, based entirely on the results achieved, and in the same currency that our shareholders receive,” Parker wrote in the statement.
Parker was paid $12.3 million in salary, stock and other compensation in 2014, according to the proxy statement.
The proxy statement shows that 54% of the stock granted to him is tied to the airline’s performance and 46% will vest over time.
(Photo: Accura Media Group)