Spirit Airlines CEO Edward Christie's 2019 pay falls 40% to $3.4M
Spirit Airlines reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Spirit Airlines reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, five executives at Spirit Airlines received on average a compensation package of $1.9M, a 18% decrease compared to previous year.
Average pay of disclosed executives at Spirit Airlines
Edward M. Christie III, Chief Executive Officer, received $3.4M in total, which decreased by 40% compared to 2018. 57% of Christie's compensation, or $1.9M, was in stock awards. Christie also received $739K in non-equity incentive plan, $700K in salary, as well as $27K in other compensation.
For fiscal year 2019, the median employee pay was $54,482 at Spirit Airlines. Therefore, the ratio of Edward M. Christie III's pay to the median employee pay was 62 to one.
John Bendoraitis, Chief Operating Officer, received a compensation package of $2.1M, which increased by 14% compared to previous year. 64% of the compensation package, or $1.3M, was in stock awards.
Matthew H. Klein, Executive Vice President and Chief Commercial Officer, earned $1.7M in 2019.
Scott M. Haralson, Chief Financial Officer, received $1.2M in 2019, which increases by 19% compared to 2018.
Thomas C. Canfield, General Counsel, earned $1.2M in 2019, a 27% decrease compared to previous year.
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Source: SEC filing on April 28, 2020.