JetBlue CEO cuts salary in half
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JetBlue CEO cuts salary in half

July 29, 2008 – 1:52 am – No Comment

David Barger became the CEO of JetBlue, a low cost airline, last year and accepted an annual salary of $500,000. While the salary cut is only active between July and December, it is his way of trying to help his company and its employees. The company posted a $7 million quarterly loss last week.

This is really not something you see everyday. His salary of $500,000 is still less than American Airlines CEO Gerard Arpey who was paid $656,500 in 2007 or Delta Airlines CEO Richard Anderson’s $600,000 for 2007.

Jeremy
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