Delta Air Lines Announces Board and Executive Changes

Ticker: DAL · Form: 8-K · Filed: 2024-08-23T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: DAL

TL;DR

Delta's board is getting new faces and exec pay is being adjusted.

AI Summary

Delta Air Lines, Inc. announced on August 22, 2024, changes in its board of directors and executive compensation. The filing details the election of new directors and the appointment of certain officers, alongside updates to their compensatory arrangements.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns corporate governance and executive appointments, which typically carry lower immediate risk compared to financial or operational disclosures.

Key Players & Entities

FAQ

What specific items are being reported under the 8-K filing?

The filing reports on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers.

Who is the registrant filing this 8-K?

The registrant is DELTA AIR LINES, INC.

On what date was the earliest event reported?

The earliest event reported was on August 22, 2024.

In which state is Delta Air Lines, Inc. incorporated?

Delta Air Lines, Inc. is incorporated in Delaware.

What is the Commission File Number for Delta Air Lines, Inc.?

The Commission File Number for Delta Air Lines, Inc. is 001-05424.

From the Filing

0001683168-24-005993.txt : 20240823 0001683168-24-005993.hdr.sgml : 20240823 20240823091508 ACCESSION NUMBER: 0001683168-24-005993 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240822 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240823 DATE AS OF CHANGE: 20240823 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELTA AIR LINES, INC. CENTRAL INDEX KEY: 0000027904 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 580218548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05424 FILM NUMBER: 241233713 BUSINESS ADDRESS: STREET 1: HARTSFIELD-JACKSON ATLANTA INTL AIRPORT STREET 2: 1030 DELTA BOULEVARD CITY: ATLANTA STATE: GA ZIP: 30354-1989 BUSINESS PHONE: 4047152600 MAIL ADDRESS: STREET 1: 1030 DELTA BLVD. STREET 2: DEPT 981 CITY: ATLANTA STATE: GA ZIP: 30354 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR LINES INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR CORP DATE OF NAME CHANGE: 19660908 8-K 1 delta_8k.htm FORM 8-K DELTA AIR LINES, INC. 8-K false 0000027904 0000027904 2024-08-22 2024-08-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): August 22, 2024   DELTA AIR LINES, INC.   (Exact name of registrant as specified in its charter)   Delaware   001-05424   58-0218548 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   P.O. Box 20706 , Atlanta , Georgia 30320-6001 (Address of principal executive offices)   Registrant’s telephone number, including area code: (404) 715-2600   Registrant’s Web site address: www.delta.com   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.0001 per share DAL New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐                 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   (b)        Delta Air Lines, Inc. (“Delta”) today announced that Michael Spanos, Delta’s Executive Vice President and Chief Operating Officer, will depart from the company effective as o

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