United Airlines Board & Executive Compensation Changes
Ticker: UAL · Form: 8-K · Filed: Sep 17, 2024 · CIK: 100517
| Field | Detail |
|---|---|
| Company | United Airlines Holdings, Inc. (UAL) |
| Form Type | 8-K |
| Filed Date | Sep 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: UAL
TL;DR
UAL board shakeup & comp changes filed. Watch for new exec pay details.
AI Summary
United Airlines Holdings, Inc. filed an 8-K on September 16, 2024, reporting changes in its board of directors and executive compensation arrangements. The filing indicates the election of new directors and potential adjustments to compensation for certain officers, effective as of September 16, 2024.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can sometimes precede or reflect significant strategic shifts or financial performance issues.
Key Players & Entities
- United Airlines Holdings, Inc. (company) — Filer
- September 16, 2024 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors, but the specific names and details of the changes are not provided in this summary section of the 8-K.
What are the details of the compensatory arrangements for certain officers?
The filing notes that compensatory arrangements of certain officers are being reported, but the specific details of these arrangements are not included in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on September 16, 2024.
What is the Standard Industrial Classification (SIC) code for United Airlines Holdings, Inc.?
The SIC code for United Airlines Holdings, Inc. is 4512, which corresponds to AIR TRANSPORTATION, SCHEDULED.
Has United Airlines Holdings, Inc. had previous names?
Yes, United Airlines Holdings, Inc. was formerly known as United Continental Holdings, Inc. (name change effective 20100930), UAL Corp /DE/ (name change effective 19920703), and Allegis Corp (name change effective 19880613).
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-09-17 17:05:32
Key Financial Figures
- $0.01 — Airlines Holdings, Inc. Common Stock, $0.01 par value UAL The Nasdaq Stock Market
Filing Documents
- tm2424233d1_8k.htm (8-K) — 29KB
- 0001104659-24-100708.txt ( ) — 241KB
- ual-20240916.xsd (EX-101.SCH) — 3KB
- ual-20240916_def.xml (EX-101.DEF) — 26KB
- ual-20240916_lab.xml (EX-101.LAB) — 36KB
- ual-20240916_pre.xml (EX-101.PRE) — 25KB
- tm2424233d1_8k_htm.xml (XML) — 5KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 16, 2024, Linda Jojo, Executive Vice President and Chief Customer Officer of United Airlines Holdings, Inc. (the "Company"), the parent company of United Airlines, Inc., informed the Company of her intention to retire from the Company, effective January 2, 2025. Upon her retirement, Ms. Jojo will have had over a decade of distinguished service with the Company. Ms. Jojo will receive benefits in connection with her retirement in accordance with applicable agreements and Company plans, subject to their terms and conditions.
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED AIRLINES HOLDINGS, INC. By: /s/ Robert S. Rivkin Name: Robert S. Rivkin Title: Senior Vice President, Chief Legal Officer and General Counsel Date: September 17, 2024