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Form 8-K · Current Report · Filed 2024-08-23

Delta COO Michael Spanos to Depart Effective August 31

Delta Air Lines, Inc. announced that Michael Spanos, its Executive Vice President and Chief Operating Officer, will depart from the company effective August 31, 2024. Spanos will receive severance benefits under Delta's Officer and Director Severance Plan and existing award agreements under the Performance Compensation Plan.

Filer
Delta Air Lines Inc. DAL · NYSE
Filed
Accession
0001683168-24-005993
CIK
0000027904
Signal
Medium impactIndustrials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

COO Resignation

Market reaction

Close before filing

$40.14

Next session

+2.1%

Since filing

+117.8%

Latest close

$87.44

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DAL reporting the same item, with the next session's move:

About Delta Air Lines Inc.

Delta Air Lines Inc. is a leading global airline, known for providing commercial air travel services worldwide. As a cornerstone player in the aviation industry, Delta operates a broad network of domestic and international flights, servicing hundreds of destinations across multiple continents. The airline's primary function is to facilitate passenger and cargo transport, thereby connecting people and fostering global trade. Delta Air Lines is distinguished by its commitment to customer service, offering a range of cabin experiences and amenities to enhance traveler comfort. Additionally, the company has consistently focused on innovation and sustainability, implementing fuel-efficient practices and modernizing its fleet. Delta plays a significant role in the economic infrastructure by supporting tourism and providing crucial links for businesses and individuals. Headquartered in Atlanta, Georgia, the airline's broad market presence and strategic alliances bolster its standing as a formidable force in the air transportation sector.

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