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Delta Air Lines logoDelta Air Lines DAL

Delta said its Board of Directors elected Judith McKenna as a director on January 15, 2025, effective February 7, 2025. The Board expects to appoint her to one or more committees, with the committee assignments to be determined at a later date.

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

Key points

AI summary
  1. Delta said its Board of Directors elected Judith McKenna as a director on January 15, 2025, effective February 7, 2025. The Board expects to appoint her to one or more committees, with the committee assignments to be determined at a later date.

  2. The company said Ms. McKenna will be compensated for her service as a director on the same basis as Delta's other non-employee directors. It said non-employee director compensation, including certain benefits, is described under the heading "Director Compensation" in its proxy statement for its 2024 Annual Meeting of Shareholders.

  3. Delta said Ms. McKenna served as President and Chief Executive Officer of Walmart International until her retirement in January 2024, overseeing all of Walmart's business outside the United States. The company said she spent 27 years at Walmart and was appointed to that role in 2018.

  4. Delta said Ms. McKenna served as Chief Operating Officer and Chief Financial Officer of Asda, the U.K. supermarket chain, before joining Walmart. The company said she is currently a non-executive director of Unilever PLC.

Summary

AI-written

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

Judith McKenna Joins Delta Board Effective February 7, 2025

Delta said its Board of Directors elected Judith McKenna as a director on January 15, 2025, effective February 7, 2025. The Board expects to appoint her to one or more committees, with the committee assignments to be determined at a later date.

Source · Based on the filing body and exhibits

Same Compensation Basis as Non-Employee Directors

The company said Ms. McKenna will be compensated for her service as a director on the same basis as Delta's other non-employee directors. It said non-employee director compensation, including certain benefits, is described under the heading "Director Compensation" in its proxy statement for its 2024 Annual Meeting of Shareholders.

Source · Based on the filing body and exhibits

Former President and CEO of Walmart International

Delta said Ms. McKenna served as President and Chief Executive Officer of Walmart International until her retirement in January 2024, overseeing all of Walmart's business outside the United States. The company said she spent 27 years at Walmart and was appointed to that role in 2018.

Source · Based on the filing body and exhibits

Asda and Walmex Experience; Unilever PLC Board Seat

Delta said Ms. McKenna served as Chief Operating Officer and Chief Financial Officer of Asda, the U.K. supermarket chain, before joining Walmart. The company said she is currently a non-executive director of Unilever PLC.

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.