Old 05-21-2021 | 06:33 AM
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notEnuf
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From: ir.delta.com
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Just an FYI from yesterdays 8-K

Delta Air Lines, Inc. announced the appointment of Daniel C. Janki, age 53, as the company’s Chief Financial Officer, effective July 12, 2021.

Mr. Janki’s initial annual base salary will be $650,000. In addition, Mr. Janki will receive a cash signing bonus in the amount of $1,500,000 and an initial equity award of shares of Delta’s common stock equaling $4,500,000 divided by the closing stock price on the date of grant. The initial equity award of shares will vest in three equal installments on the anniversary of Mr. Janki’s date of employment. Mr. Janki’s target award under the Delta Management Incentive Plan for 2021 will be 175% of his annual base salary, prorated for actual service for the year, and his target award opportunity under the Delta Long-Term Incentive Program for 2021 is expected to be $4,500,000. Mr. Janki will also participate in Delta’s broad-based employee retirement and welfare plans, other broad-based benefits and flight benefits program available to senior executives.
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