Alaska Airlines and Horizon Air 2007 Annual Report Download - page 60

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2007 SUMMARY COMPENSATION TABLE
The following table presents information regarding compensation of our CEO, our chief financial officer
and our three other most highly compensated executive officers for services rendered during 2007. These
individuals are referred to as “Named Executive Officers” in this Proxy Statement.
Name and Principal
Position
(a)
Year
(b)
Salary ($)
(c)
Bonus
($)
(d)
Stock
Awards
($)(1)
(e)
Option
Awards
($)(1)
(f)
Non-Equity
Incentive Plan
Compensation
($)(2)
(g)
Change in
Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
($)(3)
(h)
All
Other
Compensation
($)(4)
(i)
Total
($)
(j)
William S. Ayer
Chairman,
President and CEO
2007
2006
360,000
360,000
0
0
349,667
302,484
595,511
606,675
76,320
538,965
15,924
57,541
47,508
55,402
1,444,930
1,921,067
Bradley D. Tilden
Executive Vice
President/Finance
and Planning and
Chief Financial
Officer
2007
2006
260,000
260,000
0
0
212,010
130,554
214,018
151,486
41,340
233,531
171,291
49,450
43,754
69,389
942,413
894,410
Gregg A. Saretsky
Executive Vice
President/
Marketing and
Flight
2007
2006
280,000
280,000
0
0
209,721
135,095
218,204
157,286
44,520
243,204
32,280
104,362
46,621
81,705
831,346
1,001,652
Kevin P. Finan(5)
Former Executive
Vice President/
Strategic Projects
2007
2006
260,000
260,000
0
0
211,746
139,967
167,425
110,504
41,340
225,846
143,518
195,773
283,023
64,973
1,107,052
997,063
Jeffrey D. Pinneo(6)
President and CEO
(Horizon Air
Industries)
2007
2006
237,000
237,000
0
0
180,694
117,593
167,630
142,786
35,550
209,995
803,127
30,202
52,094
60,917
1,476,095
798,493
(1) The amounts reported in Columns (e) and (f) of the Summary Compensation Table above reflect the aggregate dollar
amounts recognized for stock awards and option awards, respectively, for financial statement reporting purposes
with respect to 2007 and 2006 (disregarding any estimate of forfeitures related to service-based vesting conditions).
Mr. Finan forfeited 2,875 options upon retirement on January 1, 2008. Otherwise, no stock awards or option awards
granted to Named Executive Officers were forfeited in 2006 or 2007. For a discussion of the assumptions and
methodologies used to value the awards reported in Column (e) and Column (f), please see the discussion of stock
awards and option awards contained in Note 12 (Stock-Based Compensation Plans) to the Company’s Consolidated
Financial Statements, included as part of the Company’s 2007 Annual Report filed on Form 10-K with the SEC and
incorporated herein by reference. For information about the stock awards and option awards granted to our Named
Executive Officers for 2007, please see the discussion under “Grants of Plan-Based Awards” below.
(2) The material terms of these bonus awards are described in the “Compensation Discussion and Analysis” section
above.
44