Southwest CEO Received a 75% Pay Bump Earlier than Journey Nightmare

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Southwest CEO Received a 75% Pay Bump Earlier than Journey Nightmare


Southwest Airways made headlines final December amid a full-blown journey service catastrophe that left many passengers stranded and with out their baggage.

Simply 10 months earlier than the debacle, in February 2022, Bob Jordan took over because the airline’s CEO and acquired a 75% pay improve, CNN Enterprise reported.

Associated: Man Emotionally Reunites With Baggage After Southwest Catastrophe

Between December 21 and 29, Southwest canceled 16,700 flights, derailing vacation plans for tens of hundreds of passengers and costing the airline roughly $800 million in misplaced income, per the outlet.

A lot of the issue was attributed to the airline’s outdated crew-scheduling system, which made it tough to contact the pilots and flight attendants required to reschedule flights. In a bid to forestall one other meltdown, Jordan informed attendees on the J. P. Morgan Industrials Convention that Southwest has created a “tactical motion plan” to handle the underlying points, USA Right now reported.

Jordan, who’s been with the airline since 1988 and served as govt vice chairman in command of company companies since July 2017 earlier than his present position, acquired a complete compensation package deal of $5.3 million in 2022 — a big improve over the $3 million he earned in 2021, per CNN Enterprise.

Associated: Southwest Sued in Class Motion Over Vacation Flight Cancellations

Southwest’s former CEO Gary Kelly acquired $5.1 million in 2022, appearing as CEO in January and govt chairman for the rest of the 12 months; he acquired $5.8 million in 2021 and $9.8 million in 2020.

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