Delta pilots endorse proposals to shareholders

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Delta pilots endorse proposals to shareholders

News
Share this Post

Delta pilots endorse proposals to shareholders

Delta pilots

endorse proposals to shareholders

At Delta Air

Lines' annual meeting last week, the company's 9,600 pilots strongly endorsed

three significant proxy proposals that the pilos say increase shareholder

value and reflect important trends in corporate governance:

1. Link executive

compensation to a high performance work place.

2. Rein in

senior executive severance packages.

3. Tie a portion

of executive stock option grants to company performance.

The pilot proposals

bring value to Delta's bottom line, said Capt. Chuck Giambusso, chairman

of the Delta Master Executive Council. "The Delta pilots are linked

to Delta's future and to the company's long-term success," he said.

"Satisfied employees mean satisfied customers, and satisfied customers

equal a stronger financial position for our company."

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