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ALASKA AIR GROUP, INC.

ALK · FY2025

MISALIGNED

CEO Package

$9.9M

Pay Ratio

—

Ben Minicucci

Pay rose +14.6% while TSR fell -88.0 pts

American Airlines Group Inc.

AAL · FY2025

MIXED

CEO Package

$13.9M

Pay Ratio

—

Robert D. Isom

Both pay and TSR fell, but the reset was partial

SKYWEST INC

SKYW · FY2025

MIXED

CEO Package

$6.7M

Pay Ratio

—

Russell A. Childs

Both pay and TSR fell, but the reset was partial

CEOTotal Compensation — All Companies

ALK$9.9MAAL$13.9MSKYW$6.7M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

AAL carries the largest package at $13.9M, about 2.1x SKYW.
ALK reads misaligned, while AAL looks mixed.
AAL is the most equity-heavy package, while SKYW leans hardest on non-equity incentive compensation.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

ALK

Ben Minicucci

$9.9M

base salary9%
stock awards68%
non-equity incentive compensation16%
other compensation5%

AAL

Robert D. Isom

$13.9M

base salary9%
stock awards90%
other compensation1%

SKYW

Russell A. Childs

$6.7M

base salary9%
non-equity incentive compensation40%
other compensation5%

Quick Comparison

CompanyCEOLatest YearTotal Comp
ALASKA AIR GROUP, INC.(ALK)Ben Minicucci2025$9.9M
American Airlines Group Inc.(AAL)Robert D. Isom2025$13.9M
SKYWEST INC(SKYW)Russell A. Childs2025$6.7M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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