Edward “Ed” Bastian is the CEO of Delta Air Lines, a role he has held since May 2016.
He leads a global team of 75,000, directing Delta’s people-driven, customer-focused culture and innovative spirit.
Bastian is a 20-year veteran of the company, having joined in 1998 as vice president of finance and controller. He was then promoted to senior vice president, a role he held from 2000 to 2005. After a brief departure to serve as senior vice president and chief financial officer for Acuity Brands, Bastian returned to Delta as its CFO, and was later appointed to serve as its president in 2007.
Bastian is well-respected for his integrity and his leadership philosophy based on the “virtuous circle,” which contends that if you take care of your people, they will take care of your customers, whose business and loyalty will then allow you to reward your investors.
During his tenure as Delta’s CEO, the airline has become the world’s most awarded airline, named the Wall Street Journal’s “Top U.S. Airline,” Fortune’s “Most Admired Airline Worldwide,” a Glassdoor “Employee’s Choice” company, and FlightGlobal’s “Most On-Time Global Airline,” among other accolades.
Under his leadership, Delta has regained profitability, earned back its investment-grade credit rating with all major ratings agencies, and distributed over $1 billion in profit-sharing to employees annually over the last four years.
Bastian has also garnered recognition of his own, having been named among Fortune’s “World’s 50 Greatest Leaders” in 2018 and elected to the Council on Foreign Relations in 2019.
He earned his bachelor’s degree in business administration from St. Bonaventure University. Prior to Delta, he held positions at Frito-Lay, Pepsi-Cola, and Price Waterhouse where he began his career as an auditor.
Bastian lives in Atlanta and has three children.
What is Edward H. Bastian's net worth?
The estimated net worth of Edward H. Bastian is at least $13.61 million as of October 22nd, 2020. Mr. Bastian owns 341,060 shares of Delta Air Lines stock worth more than $13,608,294 as of July 31st. This net worth approximation does not reflect any other investments that Mr. Bastian may own. Additionally, Mr. Bastian receives an annual salary of $615,990.00 as CEO at Delta Air Lines.
How old is Edward H. Bastian?
Mr. Bastian is currently 63 years old. There are 8 older executives and no younger executives at Delta Air Lines.
What is Edward H. Bastian's salary?
As the CEO of Delta Air Lines, Inc., Mr. Bastian earned a total compensation package of $13,134,012.00 in 2020. Mr. Bastian earned a salary of $237,500.00, stock awards of $8,375,245.00, options awards of $4,125,054.00, and other compensation of $378,487.00.There are 2 executives that earn more than Mr. Bastian. The highest earning executive at Delta Air Lines is Mr. Rahul Samant, Exec. VP & Chief Information Officer, who commands a salary of $790,330.00 per year.
How do I contact Edward H. Bastian?
The corporate mailing address for Mr. Bastian and other Delta Air Lines executives is 1030 DELTA BOULEVARD, ATLANTA GA, 30320. Delta Air Lines can also be reached via phone at 404-715-2600 and via email at [email protected]
Has Edward H. Bastian been buying or selling shares of Delta Air Lines?
Edward H. Bastian has not been actively trading shares of Delta Air Lines during the past quarter. Most recently, Edward H. Bastian sold 65,000 shares of the business's stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $33.58, for a transaction totalling $2,182,700.00. Following the completion of the sale, the chief executive officer now directly owns 341,060 shares of the company's stock, valued at $11,452,794.80.
Are insiders buying or selling shares of Delta Air Lines?
During the last twelve months, Delta Air Lines insiders bought shares 2 times. They purchased a total of 3,500 shares worth mmore than $137,790.00. During the last twelve months, insiders at the transportation company sold shares 8 times. They sold a total of 373,200 shares worth mmore than $13,434,920.44. The most recent insider tranaction occured on July, 19th when David S Taylor Director bought 3,000 shares worth more than $114,750.00. Insiders at Delta Air Lines own 0.6 % of the company.
Information on this page was last updated on 7/19/2021.