Delta shareholders give nod on executive pay

Delta Air Lines shareholders voted overwhelmingly in favor of company executives’ pay, the company announced Thursday following its annual shareholder meeting.

More than 99 percent of votes were cast in favor of Delta’s executive compensation package, according to the Atlanta-based airline. A law has required non-binding “say on pay” advisory votes on executive compensation at publicly-traded companies for the past two years.

Shareholders also approved the re-election of Delta’s board of directors, but voted against a shareholder proposal from the Teamsters union calling for senior executives to retain a significant percentage of shares from equity compensation programs until they leave the company or reach retirement age. Delta’s board of directors was against the measure, which gained about 18 percent of votes in favor.

About the Author

Airport’s planned overnight power outages will begin Tuesday

The tests, which will affect lighting, escalators, elevators and major terminal systems like baggage claim, are set to happen between the hours of 11:59 p.m. and 2:30 a.m.

California upgraded its film incentive program. How will this affect Georgia?

The increase puts California’s incentive in closer competition with Georgia’s own, which has long been considered the most generous programs in the country.

Unemployment in Georgia is down, but so is the labor force. Why?

Georgia’s labor force has declined by nearly 30,000 compared to May last year. Here are some reasons why.

The Latest

Credit: AP

California upgraded its film incentive program. How will this affect Georgia?

Opinion: Why do we name our cars?

Home Depot makes $5.5B acquisition to increase business with pro contractors

Featured

Credit: Ziyu Julian Zhu/AJC

Unemployment in Georgia is down, but so is the labor force. Why?

Georgia’s labor force has declined by nearly 30,000 compared to May last year. Here are some reasons why.

Georgia appeals court rules election boards must certify results

The Georgia Court of Appeals ruled that election board members are required to certify election results even when they have concerns about fraud or errors.

Atlanta crypto biz owner caught up in fraud says it’s ‘like living in a James Bond movie’

Prosecutors say North Korean IT specialists are 'infiltrating' tech companies in the U.S. as remote workers to steal money from businesses and funnel it back to North Korea.