ALK 8-K
Alaska Air Group, Inc. (ALK)
8-K
2026-06-17
For: 2026-06-17
View Original
Added on
June 18, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Date of earliest event reported)
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||||||||
(206 ) 392-5040
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Ticker Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
This document is also available on our website at http://investor.alaskaair.com.
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Appointment of Certain Officers and Compensatory Arrangements of Certain Officers
On June 17, 2026, the Alaska Air Group, Inc. (“AAG”) Board of Directors elected Shane Tackett president of Alaska Airlines, Inc. effective June 29, 2026. Mr. Tackett will continue in his capacity as chief financial officer (“CFO”) of AAG and Alaska Airlines. As president and CFO, Mr. Tackett will assume responsibility for Alaska Airlines’ commercial division, led by executive vice president and chief commercial officer Andrew Harrison. A copy of the press release announcing this election and related organization changes is attached as Exhibit 99.1 and is incorporated by reference.
Mr. Tackett, age 48, has served as AAG’s and Alaska Airlines’ executive vice president and chief financial officer since 2020. Mr. Tackett first became an officer of the Company in 2011, when he was elected vice president of Labor Relations. In his 25 years at Alaska Airlines Mr. Tackett has held various leadership positions across finance, revenue management, labor relations, e-commerce and strategy. Mr. Tackett sits on AAG’s management executive committee.
There are no arrangements or understandings between Mr. Tackett and any other person pursuant to which Mr. Tackett was elected to serve as president. There are no family relationships between Mr. Tackett and any director or executive officer of the Company, and he has no direct or indirect material interest in any “related party” transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Compensation Arrangement with Mr. Tackett
On June 17th, 2026, in connection with Mr. Tackett’s election as president, the Compensation and Leadership Development Committee of the AAG Board of Directors approved an increase in his annual base salary from $659,813 to $692,804 and in his target annual cash incentive opportunity under AAG’s Performance Based Pay Plan from 100% of base salary to 105% of base salary.
The Committee also set Mr. Tackett’s long-term incentive award target under AAG’s 2016 Performance Incentive Plan at $3,000,000 (he received an annual equity award with grant date value of $2,700,000 in February 2026). The Committee will determine the specific value of Mr. Tackett’s equity grant as part of its annual officer compensation review in February 2027.
ITEM 7.01. Regulation FD Disclosure
On June 17, 2026, the Company issued a press release announcing the Mr. Tackett’s election to president effective June 29, 2026. The press release is furnished as Exhibit 99.1.
ITEM 9.01. Financial Statements and Exhibits
| Exhibit Number | Exhibit Description | |||||||
| Press release dated June 17, 2026 | ||||||||
| 104 | Cover Page Interactive Data File - The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ALASKA AIR GROUP, INC.
Registrant
Date: June 17, 2026
/s/ KYLE B. LEVINE
Kyle B. Levine
Executive Vice President Corporate & Public Affairs
Chief Legal Officer and Corporate Secretary
June 17, 2026
Contact:
Media Relations
Alaska Airlines promotes CFO Shane Tackett to President
With more than 25 years at Alaska across finance, strategy, commercial and labor relations, Tackett brings deep operating knowledge and financial discipline to an expanded leadership role across the company’s operations and brands
The promotion strengthens Alaska’s leadership team as the airline advances its Alaska Accelerate plan and grows as a global carrier
SEATTLE – Alaska Airlines today announced the election of Shane Tackett to President and Chief Financial Officer of Alaska Airlines, expanding his leadership role as the company continues to execute its long-term strategy for profitable growth and deliver on the combined airline’s vision of connecting guests to the world through a remarkable travel experience rooted in safety, care and performance.
In this role, Tackett will continue leading the organization’s finance, fleet management, investor relations, supply chain, internal audit and information technology functions, while also adding the commercial organization, led by Chief Commercial Officer Andrew Harrison, to his portfolio of responsibilities. His promotion builds on a career spanning more than 25 years at Alaska, where he has held leadership roles across financial planning, labor relations, revenue management, e-commerce and strategy, and reflects CEO Ben Minicucci’s continued efforts to lead and develop a world-class management team highly capable of building on the success of Alaska Air Group, while deftly managing historic headwinds for our industry.
“Shane’s promotion to president of Alaska Airlines marks an important step as we continue investing in leadership capacity to execute our global ambitions and integrate Hawaiian Airlines,” said Minicucci, CEO and President of Alaska Air Group and CEO of Alaska Airlines. “I’m proud of the leadership team we’ve built, and I’m energized by the work ahead.”
“Shane’s deep history with our company, industry expertise and financial leadership have helped Alaska navigate complexity, invest for growth and stay focused on long-term value creation. Bringing commercial and finance leadership together under Shane will strengthen
alignment and accelerate our priorities as we continue advancing our strategy and creating long-term value for our stakeholders,” added Minicucci.
Since becoming Chief Financial Officer in 2020, Tackett has helped guide Alaska through a period of significant change for the industry while strengthening the company’s balance sheet and helping shape major strategic decisions, including the acquisition and integration of Hawaiian Airlines. He also has been a key leader behind Alaska Accelerate, the company’s plan to drive value across cycles and position Alaska for sustained earnings growth.
“I started at Alaska more than 25 years ago, and over that time we’ve built a stronger, more resilient airline with a clear strategy for the future,” said Tackett. “As President and Chief Financial Officer, I’m excited to help lead even more of this organization as we continue executing Alaska Accelerate, growing our global relevance and delivering for our guests, employees and owners.”
Tackett’s new role is effective June 29, 2026. He will report to Minicucci and continue to serve on the company’s Executive Committee. Shane’s election to President of Alaska Airlines follows the leadership announcements made last September of Diana Birkett Rakow as CEO of Hawaiian Airlines, Andy Schneider as CEO and President of Horizon Air and Jason Berry as Chief Operating Officer. Other recent announcements include the promotion of Kyle Levine to EVP, Corporate & Public Affairs, Chief Legal Officer and Corporate Secretary as well as the appointment of Lindsay-Rae McIntrye as Chief People Officer.
About Alaska, Hawaiian and Horizon
Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia, the Pacific and Europe. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska and Hawaiian are members of the oneworld alliance. Members of our Atmos Rewards loyalty program can earn and redeem points with oneworld airlines and our additional global partners that serve over 1,000 worldwide destinations. Learn more about what’s happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.”
Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia, the Pacific and Europe. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska and Hawaiian are members of the oneworld alliance. Members of our Atmos Rewards loyalty program can earn and redeem points with oneworld airlines and our additional global partners that serve over 1,000 worldwide destinations. Learn more about what’s happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as “ALK.”