Gary C. Kelly

2020

In 2020, Gary C. Kelly earned a total compensation of $9.2M as Chairman of the Board Chief Executive Officer at Southwest Airlines, a 5% increase compared to previous year.

Compensation breakdown

Bonus$300,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$107,221
Non-Equity Incentive Plan$1,104,000
Salary$562,500
Stock Awards$7,125,017
Other$36,365
Total$9,235,103

Kelly received $7.1M in stock awards, accounting for 77% of the total pay in 2020.

Kelly also received $300K in bonus, $107.2K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $562.5K in salary and $36.4K in other compensation.

Rankings

In 2020, Gary C. Kelly's compensation ranked 943rd out of 13,090 executives tracked by ExecPay. In other words, Kelly earned more than 92.8% of executives.

ClassificationRankingPercentile
All
943
out of 13,090
93rd
Division
Transportation, Communications, Electric, Gas, And Sanitary Services
75
out of 772
90th
Major group
Transportation By Air
3
out of 68
96th
Industry group
Air Transportation, Scheduled, And Air Courier
3
out of 61
95th
Industry
Air Transportation, Scheduled
2
out of 56
96th

Pay ratio

Gary C. Kelly's Pay$9,235,103
Median Employee's Pay$66,269
Pay Ratio

139

to 1

In 2020, the annual total compensation of Gary C. Kelly was $9,235,103.

The annual total compensation of the median employee at Southwest Airlines was $66,269.

The ratio of Gary C. Kelly's pay to the pay of median employee was therefore 139 to one.

Source: SEC filing on April 9, 2021.

Kelly's colleagues

We found four more compensation records of executives who worked with Gary C. Kelly at Southwest Airlines in 2020.

2020

Thomas Nealon

Southwest Airlines

President

2020

Michael de Ven

Southwest Airlines

Chief Operating Officer

2020

Tammy Romo

Southwest Airlines

Chief Financial Officer

2020

Robert Jordan

Southwest Airlines

Executive Vice President Corporate Services

News

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