Delta Air Lines Inc. gave CEO Richard Anderson a 14 percent boost in total compensation in 2014, the same year the airline posted a $10.5 billion profit.
According to a proxy filing with theSecurities and Exchange Commission on Wednesday, Delta (NYSE: DAL) rewarded Anderson with about $14.4 million in total comp last year, including a $725,000 salary (up 11 percent), $8.9 million in stock awards (up 27 percent), $2 million in stock options (flat) and $2.4 million in non-equity incentive plan compensation (down 11 percent).
Anderson's perks included $20,500 for financial planning services, home security services, the cost of an annual physical examination and flight benefits; and $28,190 reimbursement for taxes.
Barron's recently named Anderson one of the "World's Best CEOs," crediting him for leading Delta as it emerged from bankruptcy, "changing the perception airlines are bad investments and putting the airline on sound financial footing," saying he "set the course for years of profitability."
In 2014, Delta's annual profit soared after an $8 billion non-cash gain associated with the reversal of the company's tax valuation allowance.
Also reported in the proxy:
* President Ed Bastian's total comp went up 24 percent to $8.8 million.
* Chief Operating Officer Stephen E. Gorman's total comp grew 4 percent to $5.8 million.
* Chief Revenue Officer Glen W. Hauenstein's total comp rose 8 percent to $5.1 million.
* Chief Financial Officer Paul A. Jacobson's total comp jumped 87 percent to $4.4 million.
