comscore Hawaiian Airlines CEO Dunkerley’s pay package worth $3.3M in 2015 | Honolulu Star-Advertiser
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Hawaiian Airlines CEO Dunkerley’s pay package worth $3.3M in 2015

  • STAR-ADVERTISER / JUNE 2015

    Hawaiian Airlines President and CEO Mark Dunkerley, 52, was the third-highest-paid CEO at a Hawaii publicly traded company.

Hawaiian Airlines President and CEO Mark Dunkerley received total compensation of $3.3 million in 2015 in what was a record earnings year for the state’s largest carrier.

Dunkerley, 52, was the third-highest-paid CEO at a Hawaii publicly traded company and trailed only Bank of Hawaii’s Peter Ho, $5.2 million, and Matson’s Matt Cox, $4.4 million.

Hawaiian recorded a company-record $189.3 million in adjusted net income last year and flew a record 10.7 million passengers.

Dunkerley’s pay package was up 5.5 percent from the $3.1 million he received in 2014, according to a proxy that the company filed today with the U.S. Securities and Exchange Commission.

Dunkerley’s base salary last year was $695,000, up 6 percent from $655,625 in 2014. He also received $1.6 million in stock awards, $936,000 in non-equity incentive plan compensation and $44,328 in all other compensation.

The company will hold its annual shareholders meeting on May 18 at 8 a.m. at Hilton Hawaiian Village’s Kalia Executive Conference Center in the Hibiscus Room.

Hawaiian’s stock closed up 90 cents today to a 52-week high of $48.20. The company’s shares are up 119 percent over the past 12 months and ahead 36.4 percent since Jan. 1.

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    • You might consider the arithmetic. Even if he worked for free, the amount of money that could theoretically be saved per ticket would be virtually nothing. Counter that against the wealth created for local investors who own Hawaiian Airlines stock. The per share price has more than doubled in the past 12 months. He’s worth more than $3.3 million.

    • Brah get a better job. you do not have a right to go to a neighbor island if you cannot afford to go to the neighbor island tough cookies bro. Maybe if you studied harder or worked harder you can afford to go. The freeloader mentality is on full display.

    • In good times or bad, the CEO pay will continue to go up as long as they make a profit. In order to make a profit, their fees that their charge their customers will continue to go up too, but usually the pay of their workers remain stagnant, especially when it’s time to negotiate a new contract. Kinda reminds me of the pay at HMSA where the rates continue to go up for their membership along with the compensation packages of the execs over there too.

  • Their arrogance and monopolistic attitude betrayed everything they promised us when Aloha left the market. There was and is no loyalty from them to Hawaii locals, and I doubt there will be from us to them if we ever get another choice.

    Fares are up. Point usage has been increased. Blackouts are ridiculous. Restricted schedules on their “specials” are laughable. Just pitiful.

  • Guess that’s what the company is in business for is to make money now to see if they will share some of it with the front line employees instead of just the CEO. On another note maybe they should spend some money and send their counter employees to classes on how to treat customers. Some big island agents can sure use it.

    • Customers are treated in the same manner you treat an agent at the counter…if you are an a hole …than that is the treatment you will receive…that goes for anyplace you go basically

      • @Big, I have to say…not necessarily. Sometimes a person is nice, but the staff is rude. You make it sound like the only reason a person would be treated like an “a hole” is because they acted like one. No, that is not always the case.

  • How nice for Dunkerly. Meanwhile, the locals continue to get hosed as Hawaiian Air is the only game in town. We could sure use some local competition to Hawaiian Air which is not really
    a local airline anymore so it is doubtful that these guys really give a hoot about the people who live here as they have us where they want us.

    • The tickets are dirt cheap. Compare them with the same distance mainland flights. They are much cheaper. Should transportation be free for you? Are the jets free? Gas? Labor etc.

      • Are you serious????? I flew from Las Vegas to Reno on Southwest and paid just $99.00 each way! That was just a few months ago and I never saw Hawaiians fares drop that rate per mile even close to that! Oh by the way, the distance between those 2 points are approximately 437 miles each way. On average the distance between Honolulu and the other Islands are about 115 miles each way making your statement absolutely BOGUS!!!! Guess with a name like “BuhByeAloha” we know who you work for!

        • Do you actually think that airlines charge per mile? WOW! There are fixed costs like the debt service on the aircraft; the cost of staff to load and board / deplane; landing fees. The list goes on and on. What exactly does cost per mile have to do with airline economics?

        • And if you look a week out right now it’s $228. So I don’t know what you’re making up…

        • Did either of you read what BuhBye wrote? I was responding to that comment about “same distance” comparisons. I know there is more to fare cost than per mile cost. BTW , all companies use different factors to establish the cost of their product. Most call it loaded rate but everything is factored in from hourly wages to insurance cost and everything in between. I’m not as clueless as you think hawnpunch!

        • We no live mainland we live hea! How u tink Hawaiian got big so fast. Want 2 compare sumtin? Compare price of oil n price of tickets…

  • Some of these CEOS need to spread the wealth. Bottom line is if the ground crews don’t load the plane and the flight crews don’t get their planes safely to their destinations you don’t have a successful business.

    • What planet do you live on. The guys at Hawaiian are all well paid, its one of the best gigs in town. Every time Hawaiian puts out the casting call for people the lines form early.

  • Dunkerly was brought in because Hawaiian Air was going bankrupt. I believe that he definitely did his job and worth every penny that he makes. Hawaiian Airlines is now a major player and still growing. True, I did make a ton of $$$ with Hawaiian stock, but I did miss the last 100% run up. I don’t look back … and I don’t cry.

  • Folks, this is one very good reason why everything is so expensive: airline tickets and cable bills (there was an article about a liar cable company’s CEO making huge sums of money).

    Non one should be defending these kinds of salaries.

    Re-instating a 78% tax rate on high compensation ought to bring executive salaries back in line, though.

    • HA sold more than 10 million tickets in 2015. If Mr. Dunkerly worked for free, the ticket cost would have been reduced by about 30 cents. Does that make sense?

        • Have you considered that if you would learn to write in English, buying airline tickets may not be so much of a burden? I would think that someone who is unable to construct sentences or spell would be the clueless one.

        • You calling people clueless and you can’t even spell or use proper grammar? Here, I’ll give you a quick spelling lesson. “hawnpunch” is spelled D-O-N-K-E-Y

    • It seems that you don’t understand the disclosure requirements of publicly owned companies. Might want to read up on it just a little bit.

  • This man actually works, produces a great product, and efficiency,

    whereas :
    Connie Lau, president and CEO of Hawaiian Electric Industries Inc., (a total monopoly) walked away from 2015 with half the pay package she received in 2014. Lau total compensation was $2.7 million in 2015, according to a filing Tuesday with the Securities and Exchange Commission. That’s 52 percent lower than the $5.6 million she received in 2014. Her pay package for 2015 is her lowest compensation since 2007 when she earned $1.7 million.

  • Those that back Hawaiian are probably employees who yes do fly for free and if you notice normally get the good seating especially when they fly to the mainland. The biggest gripe I have is the non existance of similar competition inter island. The people in Hilo get the shaft in what it pays to fly to Honolulu. The baggage fees and flight change fees are ridiculous and this is why the CEO makes such a healthy salary. I don’t think he really cares for the local people, only his own pocket. The population of our state has become so over crowded that it will continue to support this airline as it’s the only game in town.

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