Alaska Air Group, Inc 8-K/A, filed Feb 13, 2020
Alaska Air Group, Inc. (ALK)
8-K/A
2020-02-13
For: 2020-01-06
View Original
Added on
April 11, 2026
About this 8-K/A
Alaska Air Group, Inc filed this 8-K/A on February 13, 2020, reporting on events of January 6, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K/A
(Amendment No. 1)
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.) | |||||||
| Title of each class | Name of each exchange on which registered | Ticker Symbol | ||||||
| (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):
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.
As previously reported in a Form 8-K filed by Alaska Air Group, Inc. (the “Company”) on January 6, 2020, Shane R. Tackett has been appointed to succeed Brandon S. Pedersen as the Company’s Executive Vice President Finance and Chief Financial Officer, effective upon Mr. Pedersen’s retirement on March 2, 2020.
On February 11, 2020, in connection with Mr. Tackett’s appointment, the Compensation Committee of the Company’s Board of Directors (the “Committee”) approved an increase in Mr. Tackett’s target annual cash incentive opportunity from 80% of his base salary to 85% of his base salary. The Committee also approved that Mr. Tackett’s equity award grants from the Company for 2020 would have an aggregate target value (determined as of the grant date) of $1.4M (as opposed to the target equity value of 200% of his base salary for the equity awards he was granted in 2019). Mr. Tackett’s annual base salary will increase from $425,000 to $490,000 in connection with his appointment.
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 thereunto duly authorized.
ALASKA AIR GROUP, INC.
Registrant
Date: February 13, 2020
/s/ KYLE B. LEVINE
Kyle B. Levine
Senior Vice President Legal, General Counsel and Corporate Secretary