Southwest Airlines Management

Management criteria checks 3/4

Southwest Airlines' CEO is Bob Jordan, appointed in Feb 2022, has a tenure of 2.17 years. total yearly compensation is $9.31M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth $4.99M. The average tenure of the management team and the board of directors is 2.2 years and 10.7 years respectively.

Key information

Bob Jordan

Chief executive officer

US$9.3m

Total compensation

CEO salary percentage7.5%
CEO tenure2.2yrs
CEO ownership0.03%
Management average tenure2.2yrs
Board average tenure10.7yrs

Recent management updates

Recent updates

Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Apr 02
Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Southwest Airlines: Maintain Hold Amid Higher Costs And Boeing Turmoil

Mar 13

The Returns On Capital At Southwest Airlines (NYSE:LUV) Don't Inspire Confidence

Mar 02
The Returns On Capital At Southwest Airlines (NYSE:LUV) Don't Inspire Confidence

Southwest Airlines' (NYSE:LUV) Conservative Accounting Might Explain Soft Earnings

Feb 13
Southwest Airlines' (NYSE:LUV) Conservative Accounting Might Explain Soft Earnings

Southwest Airlines' (NYSE:LUV) Dividend Will Be $0.18

Feb 09
Southwest Airlines' (NYSE:LUV) Dividend Will Be $0.18

Southwest Airlines: Risking Going From One Extreme To The Other

Feb 02

Is Now The Time To Look At Buying Southwest Airlines Co. (NYSE:LUV)?

Feb 01
Is Now The Time To Look At Buying Southwest Airlines Co. (NYSE:LUV)?

Here's The Price I'll Buy Southwest Airlines Stock

Jan 23

Southwest Airlines Co.'s (NYSE:LUV) P/E Is On The Mark

Jan 02
Southwest Airlines Co.'s (NYSE:LUV) P/E Is On The Mark

Love Southwest Airlines, But Not At This Price

Dec 29

Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Dec 18
Here's Why Southwest Airlines (NYSE:LUV) Has A Meaningful Debt Burden

Southwest Airlines: Assessing The Holiday Season's Flight Path

Dec 14

Southwest Airlines: Another Possible Holiday Disaster As Possible Pilot Strike Looms?

Nov 20

There Are Reasons To Feel Uneasy About Southwest Airlines' (NYSE:LUV) Returns On Capital

Nov 15
There Are Reasons To Feel Uneasy About Southwest Airlines' (NYSE:LUV) Returns On Capital

Southwest Airlines: More Pain To Come?

Nov 07

Is Now The Time To Look At Buying Southwest Airlines Co. (NYSE:LUV)?

Oct 31
Is Now The Time To Look At Buying Southwest Airlines Co. (NYSE:LUV)?

Southwest Airlines Gets Neutral Rating As Earnings Turbulence Roars Over Soaring Revenue

Oct 22

Southwest Airlines Suffers Through Its Annus Horribilis (Rating Upgrade)

Sep 26

Southwest Airlines: Up To 80% Undervalued If It Weren't For Macro Challenges

Sep 19

These 4 Measures Indicate That Southwest Airlines (NYSE:LUV) Is Using Debt Extensively

Sep 12
These 4 Measures Indicate That Southwest Airlines (NYSE:LUV) Is Using Debt Extensively

Southwest Airlines: Losing Its 'Operational Premium' Compared To Larger Peers

Aug 26

Southwest Airlines' (NYSE:LUV) Returns On Capital Not Reflecting Well On The Business

Aug 09
Southwest Airlines' (NYSE:LUV) Returns On Capital Not Reflecting Well On The Business

Not Loving Southwest As An Income Investor

Aug 08

Southwest Airlines Has Clipped Wings Ahead Of Q2 Earnings

Jul 26

At US$37.20, Is Southwest Airlines Co. (NYSE:LUV) Worth Looking At Closely?

Jul 25
At US$37.20, Is Southwest Airlines Co. (NYSE:LUV) Worth Looking At Closely?

Southwest: Hold For Short Run, Buy For Long Term

Jul 06

Southwest Airlines: Remains A Top Pick On Resilience And Adaptability

Jun 27

Southwest Airlines: Time To Show Some Love For LUV

Jun 09

Southwest Airlines (NYSE:LUV) Has A Pretty Healthy Balance Sheet

Jun 04
Southwest Airlines (NYSE:LUV) Has A Pretty Healthy Balance Sheet

Is Southwest Airlines Co. (NYSE:LUV) Trading At A 46% Discount?

May 08
Is Southwest Airlines Co. (NYSE:LUV) Trading At A 46% Discount?

Is It Too Late To Consider Buying Southwest Airlines Co. (NYSE:LUV)?

Apr 24
Is It Too Late To Consider Buying Southwest Airlines Co. (NYSE:LUV)?

Some Investors May Be Worried About Southwest Airlines' (NYSE:LUV) Returns On Capital

Mar 27
Some Investors May Be Worried About Southwest Airlines' (NYSE:LUV) Returns On Capital

Southwest Airlines: Weighing The Rewards Against The Risks

Feb 21

We Think Southwest Airlines (NYSE:LUV) Is Taking Some Risk With Its Debt

Feb 10
We Think Southwest Airlines (NYSE:LUV) Is Taking Some Risk With Its Debt

Is Southwest Airlines A Good Investment After Its Epic Holiday Meltdown?

Jan 31

Is Southwest Airlines Co. (NYSE:LUV) Trading At A 40% Discount?

Jan 29
Is Southwest Airlines Co. (NYSE:LUV) Trading At A 40% Discount?

Southwest Airlines: No Strike Meltdown

Jan 20

Should You Think About Buying Southwest Airlines Co. (NYSE:LUV) Now?

Jan 17
Should You Think About Buying Southwest Airlines Co. (NYSE:LUV) Now?

Southwest reaches new agreement with unions for its flight instructors and technicians

Jan 13

Southwest Airlines (NYSE:LUV) May Have Issues Allocating Its Capital

Dec 21
Southwest Airlines (NYSE:LUV) May Have Issues Allocating Its Capital

Southwest Airlines reinstates quarterly dividend of $0.18, payable in January 2023

Dec 07

Southwest Airlines May Take A Back Seat To The Legacy Carriers

Oct 24

At US$32.43, Is Southwest Airlines Co. (NYSE:LUV) Worth Looking At Closely?

Oct 14
At US$32.43, Is Southwest Airlines Co. (NYSE:LUV) Worth Looking At Closely?

Southwest Airlines (NYSE:LUV) Seems To Use Debt Quite Sensibly

Sep 29
Southwest Airlines (NYSE:LUV) Seems To Use Debt Quite Sensibly

CEO Compensation Analysis

How has Bob Jordan's remuneration changed compared to Southwest Airlines's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$9mUS$700k

US$465m

Sep 30 2023n/an/a

US$497m

Jun 30 2023n/an/a

US$581m

Mar 31 2023n/an/a

US$658m

Dec 31 2022US$5mUS$677k

US$539m

Sep 30 2022n/an/a

US$827m

Jun 30 2022n/an/a

US$996m

Mar 31 2022n/an/a

US$583m

Dec 31 2021US$3mUS$511k

US$977m

Sep 30 2021n/an/a

US$1m

Jun 30 2021n/an/a

-US$2b

Mar 31 2021n/an/a

-US$3b

Dec 31 2020US$4mUS$440k

-US$3b

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

US$163m

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$3mUS$498k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$3mUS$483k

US$2b

Sep 30 2018n/an/a

US$4b

Jun 30 2018n/an/a

US$3b

Mar 31 2018n/an/a

US$3b

Dec 31 2017US$3mUS$470k

US$3b

Compensation vs Market: Bob's total compensation ($USD9.31M) is about average for companies of similar size in the US market ($USD13.05M).

Compensation vs Earnings: Bob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Bob Jordan (62 yo)

2.2yrs

Tenure

US$9,307,299

Compensation

Mr. Robert E. Jordan, also known as Bob, serves as Director of ShiftKey, LLC since August 2023. He has been the Chief Executive Officer and Director of Southwest Airlines Co. since February 01, 2022 and al...


Leadership Team

NamePositionTenureCompensationOwnership
Gary Kelly
Executive Chairman20.3yrsUS$9.06m0.14%
$ 23.6m
Robert Jordan
CEO, President & Director2.2yrsUS$9.31m0.030%
$ 5.0m
Tammy Romo
Executive VP & CFO11.6yrsUS$5.63m0.030%
$ 4.9m
Andrew Watterson
Chief Operating Officer1.5yrsUS$5.01m0.010%
$ 1.7m
Mark Shaw
Executive VP11.2yrsUS$4.18m0.014%
$ 2.4m
Ray Schuster
Managing Director of Accounting & Financial Reporting5.4yrsno datano data
Thomas Merritt
VP of Technology – Infrastructure & Services and CTO4.6yrsno datano data
Lauren Woods
Senior VP of Technology & Chief Information Officer1.2yrsno datano data
Linda Rutherford
Chief Administrative Officer6.6yrsno data0.0058%
$ 964.3k
Julia Landrum
Vice President of Investor Relationsno datano datano data
Whitney Eichinger
Senior VP & Chief Communications Officer1.3yrsno datano data
Dave Harvey
VP & Chief Sales Officer1.3yrsno datano data

2.2yrs

Average Tenure

60.5yo

Average Age

Experienced Management: LUV's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Kelly
Executive Chairman20.3yrsUS$9.06m0.14%
$ 23.6m
Robert Jordan
CEO, President & Director2.2yrsUS$9.31m0.030%
$ 5.0m
Ron Ricks
Independent Vice Chairman8.8yrsUS$350.54k0.033%
$ 5.6m
David Biegler
Independent Director17.9yrsUS$311.31k0.012%
$ 1.9m
Douglas Brooks
Independent Director14.3yrsUS$305.54k0.012%
$ 1.9m
J. Biggins
Independent Director12.7yrsUS$300.04k0.010%
$ 1.7m
John Montford
Independent Director22.3yrsUS$312.54k0.0042%
$ 696.2k
William Cunningham
Independent Lead Director24.3yrsUS$327.54k0.016%
$ 2.6m
David Hess
Independent Director2.4yrsUS$320.59k0.0016%
$ 264.8k
Thomas Gilligan
Independent Director8.6yrsUS$282.54k0.0029%
$ 489.7k
Christopher Reynolds
Independent Director1.9yrsUS$326.54k0.0016%
$ 264.8k
Jill Soltau
Independent Director1.2yrsUS$309.18k0.00095%
$ 158.2k

10.7yrs

Average Tenure

69yo

Average Age

Experienced Board: LUV's board of directors are seasoned and experienced ( 10.7 years average tenure).


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