Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-05-15

Hawaiian Holdings (HA)

CEO Peter Ingram was paid $4,525,350 in fiscal year 2023: executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,525,350
Peter Ingram total, FY2023
40th
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote

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Companies that benchmark against HA
No companies currently name HA as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Peter Ingram$771,250$0$2,973,790$0$734,847$0$45,463$4,525,350
President and Chief Executive Officer
Jonathan Snook568,75001,040,8220432,250043,9722,085,794
Executive Vice President and Chief Operating Officer
Shannon Okinaka546,87501,040,8220362,988047,3351,998,020
Executive Vice President, Chief Financial Officer and Treasurer
Aaron Alter483,7500862,4000298,413040,5331,685,096
Executive Vice President, Chief Legal Officer and Corporate Secretary
Avi Mannis421,2500717,7340232,767044,8171,416,568
Executive Vice President and Chief Marketing Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Peter Ingram$4,525,350$2,995,654$3,091,653+1,529,696
Jonathan Snook2,085,7941,960,2912,050,863+125,503
Shannon Okinaka1,998,0201,518,3401,565,143+479,680
Aaron Alter1,685,0961,439,0031,485,586+246,093
Avi Mannis1,416,568

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Peter IngramRSU17,736$251,851
Peter IngramPSU163,7552,325,321
Peter IngramRSU12,894183,095
Shannon OkinakaRSU38,209542,568
Shannon OkinakaRSU9,568135,866
Peter IngramPSU44,138626,760
Peter IngramRSU109,1701,550,214
Shannon OkinakaPSU57,314813,859
Jonathan SnookPSU22,650321,630
Peter IngramRSU20,742294,536
Shannon OkinakaPSU17,423247,407
Shannon OkinakaRSU6,75795,949
Jonathan SnookRSU8,110115,162
Jonathan SnookRSU6,75795,949
Shannon OkinakaRSU5,46877,646
05

Incentive-plan design — the Compensation Discussion & Analysis

The cornerstone of the executive compensation program is pay-for-performance, with most compensation being performance-based or 'at risk' to align executive interests with long-term stockholder interests. The program aims to attract, retain, and motivate top talent by rewarding both individual and corporate performance that meets or surpasses established goals, while ensuring total compensation remains competitive relative to peer companies.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantPay Governance LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Lawrence S. HershfieldIndependent · Governance and Nominating Committee · Executive Committee (Chair)$209,368$112,620$273$322,261
Crystal K. RoseIndependent · Compensation Committee (Chair) · Governance and Nominating Committee114,368112,6202,911229,899
Richard N. ZwernIndependent · Compensation Committee · Governance and Nominating Committee (Chair)111,868112,6201,292225,780
Earl E. FryIndependent · Audit and Finance Committee (Chair) · Executive Committee111,118112,6201,350225,088
Michael E. McNamaraIndependent · Audit and Finance Committee · Compensation Committee109,368112,620257222,245
Duane E. WoerthIndependent · Safety Committee (Chair)101,118112,62026213,764
Wendy A. BeckIndependent · Audit and Finance Committee98,618112,6200211,238
C. Jayne HrdlickaIndependent · Governance and Nominating Committee · Safety Committee98,118112,6200210,738
Craig E. VosburgIndependent · Compensation Committee96,868112,620186209,674
Mark D. SchneiderIndependent · Safety Committee94,368112,620764207,752
Daniel W. AkinsIndependent · Safety Committee60,688112,620105173,413
William S. SwelbarIndependent32,3900032,390
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$115,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$255,000
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$1,238,258
Equity awards (grant-date value)$1,238,820
All other compensation$7,164
Total cost of the board$2,484,242

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Hawaiian Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Hawaiian Holdings.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1United Airlines Holdings, Inc.2025Scott Kirby$1,200,000$22,565,804$0$8,010,000$32,282,253
2Delta Airlines, Inc.2025Edward Bastian1,082,50011,914,23105,846,04019,222,401
3Southwest Airlines Co.2025Robert Jordan844,79213,075,07202,031,16016,587,882
4Bank of Hawai‘i Corporation2025James Risoleo1,100,0009,569,88003,697,10014,835,223
5American Airlines Group, Inc.2025Robert Isom1,300,00012,489,0000013,871,825
6Hawaiian Electric Industries, Inc.2025Eric A. Mendelson1,281,00007,522,0743,062,03013,029,835
7Alaska Air Group, Inc.2025Ben Minicucci847,6926,769,22201,632,7219,904,339
8Spirit Airlines, Inc.2023Edward M. Christie III745,8332,912,4791,134,5736,601,404
9Matson, Inc.2025Matthew Cox963,6964,016,5071,231,3446,490,287
10JetBlue Airways Corporation2025Joanna Geraghty700,0003,249,99601,102,5005,191,318
11Hawaiian Holdings2023Peter Ingram771,2502,973,7900734,8474,525,350
12Alexander and Baldwin Inc.2024Lance Parker701,2472,282,65301,109,3274,336,581
13Hub Group Inc.2024Phillip Yeager850,0002,400,342552,5003,964,450
14Allegiant Travel Company2025Gregory Anderson600,000223,496002,191,511
Air Transport Services Group Inc.not in coverage universe
Atlas Air Worldwide Holdingsnot in coverage universe
SkyWest, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Hawaiian Holdingsnot disclosedRSU 50 · PRSU 50not disclosedPay Governance LLC
Air Transport Services Group Inc.not disclosednot disclosednot disclosednot disclosed
Alaska Air Group, Inc.110.0%PSU 50 · RSU 50NoMeridian
Alexander and Baldwin Inc.not disclosedPSU 50 · RSU 50not disclosedWTW
Allegiant Travel Companynot disclosedPSU 50 · RSU 50not disclosednot disclosed
American Airlines Group, Inc.not disclosedPSU 50 · RSU 50not disclosedKorn Ferry
Atlas Air Worldwide Holdingsnot disclosednot disclosednot disclosednot disclosed
Bank of Hawai‘i Corporationnot disclosedPSU 60 · RSU 40Yes — Relative TSRPay Governance
Delta Airlines, Inc.54.46%PSU 50 · Cash LTI 25 · RSU 25NoFrederic W. Cook & Co., Inc. (FW Cook)
Hawaiian Electric Industries, Inc.not disclosedOption 100not disclosedFW Cook
Hub Group Inc.not disclosedRSU 50 · PRSU 50not disclosedAon
JetBlue Airways Corporationnot disclosednot disclosednot disclosedPay Governance LLC
Matson, Inc.not disclosedRSU 50 · PSU 50not disclosedPay Governance LLC
SkyWest, Inc.not disclosednot disclosednot disclosednot disclosed
Southwest Airlines Co.119.48%not disclosedNoMeridian Compensation Partners, LLC
Spirit Airlines, Inc.not disclosedRSU 50 · PSU 50not disclosedKorn Ferry
United Airlines Holdings, Inc.not disclosednot disclosednot disclosedExequity

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Hawaiian Holdings in fiscal 2023?
As disclosed, Peter Ingram, President and Chief Executive Officer, was the highest-paid executive at Hawaiian Holdings in fiscal 2023 with total compensation of $4,525,350.
How does Hawaiian Holdings's chief executive pay compare to its disclosed peer group?
The filing shows that the chief executive's pay ranked at the 40th percentile among disclosed peers.
What is Hawaiian Holdings's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio is not disclosed in this filing.
How did shareholders vote on Hawaiian Holdings's executive compensation?
The latest say-on-pay support vote is not disclosed in this filing.
How much does Hawaiian Holdings spend in total on board compensation for fiscal 2023?
The company reported total board compensation of $2,484,242 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Peter IngramDEF 14A2024-04-010001172222-24-000032Section “Executive Compensation”. As printed: 4,525,350. Filing ↗machine: r2 · c42 · span 437250–437259
2Section 01, Jonathan SnookDEF 14A2024-04-010001172222-24-000032Section “Executive Compensation”. As printed: 2,085,794. Filing ↗machine: r10 · c42 · span 454970–454979
3Section 01, Shannon OkinakaDEF 14A2024-04-010001172222-24-000032Section “Executive Compensation”. As printed: 1,998,020. Filing ↗machine: r6 · c42 · span 446106–446115
4Section 01, Aaron AlterDEF 14A2024-04-010001172222-24-000032Section “Executive Compensation”. As printed: 1,685,096. Filing ↗machine: r14 · c42 · span 463825–463834
5Section 01, Avi MannisDEF 14A2024-04-010001172222-24-000032Section “Executive Compensation”. As printed: 1,416,568. Filing ↗machine: r19 · c42 · span 473936–473945
6Section 08, Lawrence S. HershfieldDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 322,261. Filing ↗machine: span 146251–146547
7Section 08, Crystal K. RoseDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 229,899. Filing ↗machine: span 151158–151454
8Section 08, Richard N. ZwernDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 225,780. Filing ↗machine: span 159473–159769
9Section 08, Earl E. FryDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 225,088. Filing ↗machine: span 144612–144908
10Section 08, Michael E. McNamaraDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 222,245. Filing ↗machine: span 149524–149820
11Section 08, Duane E. WoerthDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 213,764. Filing ↗machine: span 157838–158134
12Section 08, Wendy A. BeckDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 211,238. Filing ↗machine: span 142982–143278
13Section 08, C. Jayne HrdlickaDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 210,738. Filing ↗machine: span 147888–148184
14Section 08, Craig E. VosburgDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 209,674. Filing ↗machine: span 156207–156503
15Section 08, Mark D. SchneiderDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 207,752. Filing ↗machine: span 152720–153016
16Section 08, Daniel W. AkinsDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 173,413. Filing ↗machine: span 141394–141716
17Section 08, William S. SwelbarDEF 14A2024-04-010001172222-24-000032Section “Director Compensation”. As printed: 32,390. Filing ↗machine: span 153593–153824
18Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
19Section 09b board cost (computed)ComputedcomputedCash 1,238,258 + equity 1,238,820 + all other 7,164 = 2,484,242, summed across the director compensation table rows.machine: formula: Σ = 2,484,242
20United Airlines Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-070001104659-26-040467CEO total compensation as printed in United Airlines Holdings, Inc.'s own proxy. As printed: 32,282,253. Filing ↗machine: t375 · r8 · c16 · span 2556272–2556282
21Delta Airlines, Inc., Section 10b CEO totalDEF 14A2026-04-240001308179-26-000345CEO total compensation as printed in Delta Airlines, Inc.'s own proxy. As printed: 19,222,401. Filing ↗machine: t124 · r1 · c35 · span 616606–616616
22Southwest Airlines Co., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127237CEO total compensation as printed in Southwest Airlines Co.'s own proxy. As printed: 16,587,882. Filing ↗machine: t263 · r2 · c39 · span 1219658–1219668
23Bank of Hawai‘i Corporation, Section 10b CEO totalDEF 14A2026-04-080001070750-26-000062CEO total compensation as printed in Bank of Hawai‘i Corporation's own proxy. As printed: 14,835,223. Filing ↗machine: r6 · c10 · span 2451418–2451428
24American Airlines Group, Inc., Section 10b CEO totalDEF 14A2026-04-280001193125-26-187096CEO total compensation as printed in American Airlines Group, Inc.'s own proxy. As printed: 13,871,825. Filing ↗machine: r3 · c34 · span 1427237–1427247
25Hawaiian Electric Industries, Inc., Section 10b CEO totalDEF 14A2026-01-300001140361-26-003023CEO total compensation as printed in Hawaiian Electric Industries, Inc.'s own proxy. As printed: 13,029,835. Filing ↗machine: t238 · r2 · c25 · span 823252–823262
26Alaska Air Group, Inc., Section 10b CEO totalDEF 14A2026-03-300001193125-26-132048CEO total compensation as printed in Alaska Air Group, Inc.'s own proxy. As printed: 9,904,339. Filing ↗machine: t40 · r2 · c17 · span 1199860–1199869
27Spirit Airlines, Inc., Section 10b CEO totalDEF 14A2024-04-250001193125-24-114028CEO total compensation as printed in Spirit Airlines, Inc.'s own proxy. As printed: 6,601,404. Filing ↗
28Matson, Inc., Section 10b CEO totalDEF 14A2026-03-090001104659-26-025266CEO total compensation as printed in Matson, Inc.'s own proxy. As printed: 6,490,287. Filing ↗
29JetBlue Airways Corporation, Section 10b CEO totalDEF 14A2026-04-020001158463-26-000041CEO total compensation as printed in JetBlue Airways Corporation's own proxy. As printed: 5,191,318. Filing ↗machine: r5 · c7 · span 2148744–2148753
30Hawaiian Holdings (subject), Section 10b CEO totalDEF 14A2024-04-010001172222-24-000032CEO total compensation as printed in Hawaiian Holdings's own proxy. As printed: 4,525,350. Filing ↗machine: r2 · c42 · span 437250–437259
31Alexander and Baldwin Inc., Section 10b CEO totalDEF 14A2025-03-110001545654-25-000011CEO total compensation as printed in Alexander and Baldwin Inc.'s own proxy. As printed: 4,336,581. Filing ↗machine: r2 · c30 · span 672575–672584
32Hub Group Inc., Section 10b CEO totalDEF 14A2025-04-030001140361-25-012045CEO total compensation as printed in Hub Group Inc.'s own proxy. As printed: 3,964,450. Filing ↗
33Allegiant Travel Company, Section 10b CEO totalDEF 14A2026-05-150001362468-26-000034CEO total compensation as printed in Allegiant Travel Company's own proxy. As printed: 2,191,511. Filing ↗machine: span 396181–396190
34Section 10a, Southwest Airlines Co. reciprocityDEF 14A0001193125-26-127237Southwest Airlines Co.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
35Section 10a, JetBlue Airways Corporation reciprocityDEF 14A0001158463-26-000041JetBlue Airways Corporation's most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
36Section 10a, Hub Group Inc. reciprocityDEF 14A0001140361-25-012045Hub Group Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
37Section 10a, Alaska Air Group, Inc. reciprocityDEF 14A0001193125-26-132048Alaska Air Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
38Section 10a, Delta Airlines, Inc. reciprocityDEF 14A0001308179-26-000345Delta Airlines, Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
39Section 10a, Hawaiian Electric Industries, Inc. reciprocityDEF 14A0001140361-26-003023Hawaiian Electric Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
40Section 10a, Alexander and Baldwin Inc. reciprocityDEF 14A0001545654-25-000011Alexander and Baldwin Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
41Section 10a, United Airlines Holdings, Inc. reciprocityDEF 14A0001104659-26-040467United Airlines Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
42Section 10a, Matson, Inc. reciprocityDEF 14A0001104659-26-025266Matson, Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗
43Section 10a, American Airlines Group, Inc. reciprocityDEF 14A0001193125-26-187096American Airlines Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Hawaiian Holdings. Filing ↗

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