Originally Posted by
CLMP
At Allegiant, our CEO takes some paltry yearly salary but he owns 20 PERCENT of the outstanding shares (approx $700 million in stock). Back before our President was kicked out, his 2013 total compensation was $5.2 million.
While that is slightly above Gary Kelly's $4 million for that year, keep in mind the difference in size and revenue between the two carriers. Our president's compensation per dollar of revenue generated was 23 TIMES that of Kelly's.
Executive pay is definitely out of control.
It can't be ignored any longer.