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Thursday, February 14, 2008

Delta CEO to pass on extra pay

Delta Airlines’ chief executive, Richard Anderson, will voluntarily forgo bonus pay that he would accrue if his company merges with another. The move came in a regulatory filing by Anderson. Delta’s board of directors also approved the offer. The airline has been weighing merger options in recent weeks, although the company has not commented on specifics of a potential deal. It is unclear how much money Anderson would potentially be giving up.

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