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Delta Air Lines logoDelta Air Lines DAL

Delta said Michael Spanos, its Executive Vice President and Chief Operating Officer, will leave the company effective on August 31, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Delta said Michael Spanos, its Executive Vice President and Chief Operating Officer, will leave the company effective on August 31, 2024.

  2. The company said Mr. Spanos will receive the benefits provided under the Delta Air Lines, Inc. Officer and Director Severance Plan in connection with his departure.

  3. Delta also said Mr. Spanos will receive benefits under existing award agreements under the Delta Air Lines, Inc. Performance Compensation Plan.

  4. The company listed August 22, 2024 as the earliest event date reported in this 8-K, and the report was signed on August 23, 2024.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Michael Spanos, COO, to Depart

Delta said Michael Spanos, its Executive Vice President and Chief Operating Officer, will leave the company effective on August 31, 2024.

Source · Based on the filing body and exhibits

Severance Benefits Tied to Departure

The company said Mr. Spanos will receive the benefits provided under the Delta Air Lines, Inc. Officer and Director Severance Plan in connection with his departure.

Source · Based on the filing body and exhibits

Benefits Under Existing Award Agreements

Delta also said Mr. Spanos will receive benefits under existing award agreements under the Delta Air Lines, Inc. Performance Compensation Plan.

Source · Based on the filing body and exhibits

Event Date and Signature Date in Filing

The company listed August 22, 2024 as the earliest event date reported in this 8-K, and the report was signed on August 23, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.