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July 01, 2014

DFW Airport CEO could earn higher cash bonus

American to Hong Kong 026Dallas/Fort Worth Airport chief executive Sean Donohue could earn a higher cash bonus if he meets targets set by the board.

On Tuesday, the airport’s executive compensation committee approved a new incentive program for Donohue who became CEO of the airport in October. The program increases the CEO’s possible incentive payment from 20 percent to 30 percent of his base salary.

Donohue earns $440,000 in annual salary and could receive a cash bonus up to $132,000 under the new incentive plan. The full board will vote on the plan on Thursday.

“We would love to be able to pay this because it would mean we would have met all of these goals,” said committee chair Regina Montoya.

The plan includes targets for employee engagement, customer satisfaction and growing the airport’s revenues by up to $6 million over the budget for this year.

-Andrea Ahles

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Comments

Patrick

Again - this is crazy. This should be a nonprofit entity. The traveling public is footing all these bills. It's a joke.

John

Of course he could earn higher cash bonus. Most likely a direct result of the following story referencing the price of parking going up. What better way to up the airport's revenue than by raising parking rates?

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