DALLAS — Southwest Airlines CEO Bob Jordan pocketed a 75% pay and compensation increase in his first year on the job, a year that ended in an epic debacle as the carrier’s operations melted down during the holidays.
Jordan’s $5.33 million in total compensation for 2022 was below the $9 million in total pay, stock awards and other benefits he could have potentially earned for the year, but higher than the $3.05 million he made the year before when he was the executive vice president of corporate services, according to regulatory filings made public Thursday.
Jordan, who was elevated to CEO last February after 34 years at the company, made $676,875 in base salary, bonuses worth about $978,600 and stock awards of $3.6 million.
