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Old 02-25-2017, 05:51 AM
  #11090  
mnpilot
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Joined APC: Mar 2007
Position: CRJ 900/FO
Posts: 40
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Originally Posted by HighFlight View Post
Between $230-500K. Not too shabby.
Your right on, I found this on the Gov SEC sight, this was in 2013. I'm sure it more by now. Unlike our senior guys who still have not been restored to before bankruptcy.

Mr. Gumm’s terms of employment contemplate his succession to the position of President and Chief Executive Officer upon emergence from bankruptcy. Mr. Gumm will be paid a base salary of $265,000 per year. He will have an annual cash incentive opportunity with a target award level of 65% of his base salary. In addition, for the first two years of his employment, Mr. Gumm will have an additional annual cash incentive opportunity with a target award level of 30% of his base salary. Mr. Gumm will also be provided a long-term incentive opportunity with a target award level of $200,000. Each of the foregoing award opportunities will have a range of potential payouts based on meeting performance goals. He will be entitled to reimbursement of certain costs of his relocation to Minneapolis. Mr. Gumm will participate in the same benefit plans as other Pinnacle employees participate in generally.
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