A story in December discussed the compensation provided to
Trip Davis, who at the time was replaced as CEO of TRX and became chairman of the company's board. Based on publicly available financial documents,
The Beat's report "disappointed" one of our readers. "Why single out Trip, especially when the compensation of executives at most other major travel companies is usually greater, and the results of those companies are often no better than the results of TRX?" The list below shows the latest available compensation figures for a selection of men in the executive ranks of companies serving the business travel sector.
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American Express (2008)
Kenneth Chenault, chairman and CEO: Salary of $1,250,000 and total compensation of $27,327,318
Edward Gilligan, vice chairman: Salary of $825,000 and total compensation of $15,800,627
Steve Squeri, EVP and CIO: Salary of $600,000 and total compensation of $6,252,701
AMR Corp. (2007)
Gerard Arpey, chairman, president and CEO: Salary of $656,000 and total compensation of $4,601,165
Dan Garton, EVP: Salary of $520,064 and total compensation of $3,064,079
Avis Budget Group (2007)
Ron Nelson, chairman and CEO: Salary of $1,000,000 and total compensation of $3,782,975
Bob Salerno, EVP and CFO: Salary of $700,000 and total compensation of $3,029,126
Concur (2008)
Steven Singh, chairman and CEO: Salary of $431,250 and total compensation of $1,943,780
Rajeev Singh, president and COO: Salary of $380,000 and total compensation of $1,735,012
Thomas DePasquale, EVP: Salary of $365,257 and total compensation of $954,182
Continental Airlines (2007)
Larry Kellner, chairman and CEO: Salary of $712,500 and total compensation of $7,308,334
Jeff Smisek, president: Salary of $576,000 and total compensation of $6,392,363
Jim Compton, EVP: Salary of $363,300 and total compensation of $4,283,262
Delta Air Lines (2007)
Richard Anderson, CEO: Salary of $200,000* and total compensation of $3,329,488*
Glen Hauenstein, EVP network planning and revenue management: Salary of $421,667 and total compensation of $4,612,928
Lee Macenczak, EVP sales and marketing: Salary of $344,256 and total compensation of $3,077,797
Expedia (2007)
Barry Diller, chairman and senior executive: Salary of $465,000 and total compensation of $13,070,652
Dara Khosrowshahi, CEO: Salary of $1,000,000 and total compensation of $8,610,235
Hertz (2007)
Mark Frissora, chairman and CEO: Salary of $986,539 and total compensation of $9,833,777
Marriott International (2007)
J.W. Marriott, chairman and CEO: Salary of $1,175,500 and total compensation of $12,148,140
William Shaw, president and COO: Salary of $955,000 and total compensation of $7,185,955
Arne Sorensen, EVP and CFO: Salary of $640,000 and total compensation of $4,838,618
Southwest Airlines (2007)
Herbert Kelleher, executive chairman: Salary of $429,167 and total compensation of $1,268,375
Gary Kelly, CEO and vice chairman: Salary of $424,065 and total compensation of $1,301,438
Starwood Hotels & Resorts (2007)
Frits Van Paasschen, CEO: Salary of $270,833** and total compensation of $3,179,700**
Vasant Prabhu, CFO: Salary of $617,927 and total compensation of $3,642,056
UAL Corp. (2007)
Glenn Tilton, chairman president and CEO: Salary of $850,000 and total compensation of $10,314,769
John Tague, EVP and chief revenue officer: Salary of $566,082 and total compensation of $4,419,591
* Delta/Anderson amounts earned from Sept. 1 2007 to Dec. 31 2007
** Starwood/Van Paasschen amounts earned from Sept. 24 2007 to Dec. 31 2007
Total compensation may include stock awards, option awards, "non-equity incentive plan compensation," "change in pension value and non-qualified deferred compensation earnings," and other compensation (which include "personal benefits," tax payments and reimbursements, company contributions to defined contribution plans and life insurance).
These figures generally are updated by the end of April. We'll take a look for any noteworthy changes.
~ David Jonas contributed to this post