Hawaiian Holdings Management

Management criteria checks 2/4

Hawaiian Holdings' CEO is Peter Ingram, appointed in Mar 2018, has a tenure of 6.17 years. total yearly compensation is $4.53M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth $5.05M. The average tenure of the management team and the board of directors is 8.5 years and 5 years respectively.

Key information

Peter Ingram

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage	17.0%
CEO tenure	6.2yrs
CEO ownership	0.8%
Management average tenure	8.5yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Ingram's remuneration changed compared to Hawaiian Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$300m
Dec 31 2023	US$5m	US$771k	-US$260m
Sep 30 2023	n/a	n/a	-US$209m
Jun 30 2023	n/a	n/a	-US$170m
Mar 31 2023	n/a	n/a	-US$205m
Dec 31 2022	US$3m	US$736k	-US$240m
Sep 30 2022	n/a	n/a	-US$282m
Jun 30 2022	n/a	n/a	-US$259m
Mar 31 2022	n/a	n/a	-US$217m
Dec 31 2021	US$3m	US$675k	-US$145m
Sep 30 2021	n/a	n/a	-US$215m
Jun 30 2021	n/a	n/a	-US$327m
Mar 31 2021	n/a	n/a	-US$427m
Dec 31 2020	US$3m	US$498k	-US$511m
Sep 30 2020	n/a	n/a	-US$299m
Jun 30 2020	n/a	n/a	-US$121m
Mar 31 2020	n/a	n/a	US$43m
Dec 31 2019	US$3m	US$644k	US$224m
Sep 30 2019	n/a	n/a	US$206m
Jun 30 2019	n/a	n/a	US$219m
Mar 31 2019	n/a	n/a	US$241m
Dec 31 2018	US$3m	US$575k	US$233m
Sep 30 2018	n/a	n/a	US$350m
Jun 30 2018	n/a	n/a	US$328m
Mar 31 2018	n/a	n/a	US$326m
Dec 31 2017	US$3m	US$478k	US$331m

Compensation vs Market: Peter's total compensation ($USD4.53M) is above average for companies of similar size in the UK market ($USD1.33M).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.

CEO

Peter Ingram (57 yo)

6.2yrs

Tenure

US$4,525,350

Compensation

Mr. Peter R. Ingram has been President, Chief Executive Officer and Director of Hawaiian Holdings, Inc., and Hawaiian Airlines, Inc. since March 1, 2018. Mr. Ingram served as the Chief Commercial Officer o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Ingram	President	6.2yrs	US$4.53m	0.77% $ 5.1m
Shannon Okinaka	Executive VP	9.3yrs	US$2.00m	0.21% $ 1.4m
Aaron Alter	Executive VP	8.3yrs	US$1.69m	0.086% $ 567.5k
Avi Mannis	Executive VP & Chief Marketing Officer of Hawaiian Airlines	no data	US$1.42m	0.079% $ 520.1k
Jonathan Snook	Executive VP & COO of Hawaiian Airlines Inc	8.6yrs	US$2.09m	0.20% $ 1.3m
Daniel Wong	Senior Director of Investor Relations	no data	no data	no data
Alanna James	Managing Director of Sustainability Initiatives - Hawaiian Airlines	no data	no data	no data
Marcy Morita	Managing Director of Investor Relations	no data	no data	no data
Brent Overbeek	Executive VP & Chief Revenue Officer of Hawaiian Airlines	no data	no data	0.093% $ 611.7k

8.5yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 0J3N's management team is seasoned and experienced (8.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Ingram	President	6.2yrs	US$4.53m	0.77% $ 5.1m
Earl Fry	Independent Director	8yrs	US$225.09k	0.058% $ 382.1k
Wendy Beck	Independent Director	1.8yrs	US$211.24k	0.010% $ 68.4k
Lawrence Hershfield	Independent Chairman of the Board	19.8yrs	US$322.26k	0.71% $ 4.7m
Duane Woerth	Independent Director	10yrs	US$213.76k	0.069% $ 453.7k
Crystal Rose	Independent Director	17.9yrs	US$229.90k	0.087% $ 570.7k
Daniel Akins	Independent Director	less than a year	US$173.41k	0% $ 0
Mark Schneider	Independent Director	2.3yrs	US$207.75k	0.014% $ 94.6k
Carla Hrdlicka	Independent Director	3.8yrs	US$210.74k	0.034% $ 220.8k
Michael McNamara	Independent Director	3.8yrs	US$222.25k	0.034% $ 220.8k
Richard Zwern	Independent Director	12.8yrs	US$225.78k	0.10% $ 664.7k
Craig Vosburg	Independent Director	1.8yrs	US$209.67k	0.010% $ 68.4k

5.0yrs

Average Tenure

64yo

Average Age

Experienced Board: 0J3N's board of directors are considered experienced (5 years average tenure).

Hawaiian Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Hawaiian Holdings, Inc., Annual General Meeting, May 15, 2024

Insider recently sold US$51k worth of stock

High number of new directors

High number of new directors

High number of new directors

Hawaiian Holdings, Inc. Announces Executive Changes

Recent updates

Hawaiian Holdings, Inc. Provides Operating Guidance for the Second Quarter Ended June 30, 2024; Revises Operating Guidance for the Full Year 2024

First quarter 2024 earnings released: US$2.65 loss per share (vs US$1.91 loss in 1Q 2023)

Hawaiian Holdings, Inc. to Report Q1, 2024 Results on Apr 23, 2024

Hawaiian Holdings, Inc., Annual General Meeting, May 15, 2024

Full year 2023 earnings released: US$5.05 loss per share (vs US$4.67 loss in FY 2022)

Hawaiian Holdings, Inc. Provides Operating Guidance for the First Quarter Ending March 31, 2024 and Fiscal Year Ending December 31, 2024

Hawaiian Holdings, Inc. to Report Q4, 2023 Results on Jan 30, 2024

Alaska Air Group, Inc. (NYSE:ALK) entered into a definitive agreement to acquire Hawaiian Holdings, Inc. (NasdaqGS:HA) for approximately $930 million.

Alaska Air Group, Inc. (NYSE:ALK) entered into a definitive agreement to acquire Hawaiian Holdings, Inc. (NasdaqGS:HA) for approximately $1.9 billion.

New major risk - Share price stability

Hawaiian Holdings, Inc. Provides Consolidated Operating Guidance for the Fourth Quarter Ending December 31, 2023 and Revised Operating Guidance for the Full Year Ending December 31, 2023

Third quarter 2023 earnings released: US$0.94 loss per share (vs US$0.18 loss in 3Q 2022)

Hawaiian Holdings, Inc. to Report Q3, 2023 Results on Oct 24, 2023

Hawaiian Holdings, Inc. Provides Consolidated Operating Guidance for the Third Quarter Ending September 30, 2023 and Revises Operating Guidance for the Full Year Ending December 31, 2023

Second quarter 2023 earnings released: US$0.24 loss per share (vs US$0.92 loss in 2Q 2022)

Hawaiian Holdings, Inc. to Report Q2, 2023 Results on Jul 25, 2023

First quarter 2023 earnings released: US$1.91 loss per share (vs US$2.60 loss in 1Q 2022)

Full year 2022 earnings released: US$4.67 loss per share (vs US$2.85 loss in FY 2021)

Hawaiian Holdings, Inc. to Report Q4, 2022 Results on Jan 31, 2023

Now 22% undervalued after recent price drop

Insider recently sold US$51k worth of stock

High number of new directors

Third quarter 2022 earnings released: US$0.18 loss per share (vs US$0.29 profit in 3Q 2021)

Hawaiian Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2022

Hawaiian Holdings, Inc. to Report Q3, 2022 Results on Oct 25, 2022

High number of new directors

High number of new directors

Hawaiian Holdings, Inc. Provides Financial Guidance for the Third Quarter Ending September 30, 2022

Now 20% undervalued after recent price drop

Hawaiian Holdings, Inc. to Report Q2, 2022 Results on Jul 26, 2022

Hawaiian Holdings, Inc. Announces Executive Changes

Hawaiian Holdings, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Hawaiian Holdings, Inc. to Report Q1, 2022 Results on Apr 26, 2022

Hawaiian Holdings, Inc. Announces Retirement of Donald J. Carty from the Board of Directors

Hawaiian Airlines to Welcome Back Kiwis with Resumption of Nonstop Auckland-Honolulu Service

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Hawaiian Holdings, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2022

Independent Director recently sold US$356k worth of stock

Third quarter 2021 earnings released: EPS US$0.29 (vs US$2.11 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.12 loss per share (vs US$2.33 loss in 2Q 2020)

Independent Director recently sold US$104k worth of stock

First quarter 2021 earnings released: US$1.23 loss per share (vs US$3.14 loss in 1Q 2020)

Hawaiian Holdings, Inc. Provides Earnings and Operating Guidance for the Second Quarter 2021

Hawaiian Holdings, Inc. Reports Goodwill Impairment for the First Quarter Ended March 31, 2021

Hawaiian Airlines Launches Ontario-Honolulu Service

Hawaiian Airlines Connects Florida and Hawai'i with Nonstop Orlando-Honolulu Flights

Executive VP recently sold US$130k worth of stock

Full year 2020 earnings released: US$11.08 loss per share (vs US$4.72 profit in FY 2019)

Revenue beats expectations

Insider recently sold US$67k worth of stock

Full year 2020 earnings released: US$11.08 loss per share (vs US$4.72 profit in FY 2019)

Revenue beats expectations

Hawaiian Holdings, Inc. to Report Q4, 2020 Results on Jan 26, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age