Edward “Ed” Bastian is the CEO of Delta Air Lines, a role he has held since May 2016.
He leads a global team of 75,000, directing Delta’s people-driven, customer-focused culture and innovative spirit.
Bastian is a 20-year veteran of the company, having joined in 1998 as vice president of finance and controller. He was then promoted to senior vice president, a role he held from 2000 to 2005. After a brief departure to serve as senior vice president and chief financial officer for Acuity Brands, Bastian returned to Delta as its CFO, and was later appointed to serve as its president in 2007.
Bastian is well-respected for his integrity and his leadership philosophy based on the “virtuous circle,” which contends that if you take care of your people, they will take care of your customers, whose business and loyalty will then allow you to reward your investors.
During his tenure as Delta’s CEO, the airline has become the world’s most awarded airline, named the Wall Street Journal’s “Top U.S. Airline,” Fortune’s “Most Admired Airline Worldwide,” a Glassdoor “Employee’s Choice” company, and FlightGlobal’s “Most On-Time Global Airline,” among other accolades.
Under his leadership, Delta has regained profitability, earned back its investment-grade credit rating with all major ratings agencies, and distributed over $1 billion in profit-sharing to employees annually over the last four years.
Bastian has also garnered recognition of his own, having been named among Fortune’s “World’s 50 Greatest Leaders” in 2018 and elected to the Council on Foreign Relations in 2019.
He earned his bachelor’s degree in business administration from St. Bonaventure University. Prior to Delta, he held positions at Frito-Lay, Pepsi-Cola, and Price Waterhouse where he began his career as an auditor.
Bastian lives in Atlanta and has three children.
What is Edward H. Bastian's net worth?
The estimated net worth of Edward H. Bastian is at least $26.80 million as of October 28th, 2024. Mr. Bastian owns 439,819 shares of Delta Air Lines stock worth more than $26,798,172 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Bastian may own. Additionally, Mr. Bastian receives an annual salary of $17,210,000.00 as Chief Executive Officer at Delta Air Lines. Learn More about Edward H. Bastian's net worth.
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Has Edward H. Bastian been buying or selling shares of Delta Air Lines?
Over the course of the past ninety days, Edward H. Bastian has sold $3,830,440.00 in Delta Air Lines stock. Most recently, Edward H. Bastian sold 68,000 shares of the business's stock in a transaction on Monday, October 28th. The shares were sold at an average price of $56.33, for a transaction totalling $3,830,440.00. Following the completion of the sale, the chief executive officer now directly owns 439,819 shares of the company's stock, valued at $24,775,004.27. Learn More on Edward H. Bastian's trading history.
Who are Delta Air Lines' active insiders?
Delta Air Lines' insider roster includes Allison Ausband (E.V.P. and Chief Customer Experience Officer), Edward Bastian (Chief Executive Officer), Alain Bellemare (EVP), Francis Blake (Director), Francis Blake (Director), William Carroll (SVP), Peter Carter (EVP), Willie Chiang (Director), Greg Creed (Director), Glen Hauenstein (President), Michael Huerta (Director), Jeanne Jackson (Director), Rahul Samant (EVP), Steven Sear (EVP), Joanne Smith (EVP), and David Taylor (Director). Learn More on Delta Air Lines' active insiders.
Are insiders buying or selling shares of Delta Air Lines?
During the last twelve months, Delta Air Lines insiders bought shares 2 times. They purchased a total of 20,000 shares worth more than $934,000.00. During the last twelve months, insiders at the transportation company sold shares 12 times. They sold a total of 390,999 shares worth more than $19,695,673.92. The most recent insider tranaction occured on November, 8th when SVP William C Carroll sold 21,530 shares worth more than $1,305,148.60. Insiders at Delta Air Lines own 1.0% of the company.
Learn More about insider trades at Delta Air Lines. Information on this page was last updated on 11/8/2024.
