Atlas executives get raises
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- July
- 2
The chief executive of Harrison-based Atlas Air Worldwide Holdings Inc. has been awarded a 10 percent raise in his base salary in connection with the completion of a deal in which DHL Express acquired a 49 percent interest in Atlas subsidiary Polar Air Cargo Worldwide Inc. With the raise, Flynn earns a salary of $715,000. The company’s board also voted to award him 6,530 shares of restricted stock. In addition, the company said John W. Dietrich, the executive vice president and chief operating officer, got a 10 percent raise in his salary, bringing it to $467,500. Dietrich also got 4,269 shares of restricted stock.
This entry was posted
on Monday, July 2nd, 2007 at 3:53 pm by Allan Drury.
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