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Companies Sun Country Airlines Holdings

Sun Country Airlines (SNCY): executive pay, fiscal 2024

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CEO total pay$3,481,966CEO Jude Bricker · source
Say-on-pay support96.74%Latest vote · source
CEO vs. named peers25th pct.Of 7 peer CEOs
CEO pay ratio90:1To the median employee · source

CEO pay, last three years

  • $793,820FY2022
  • $3,249,806FY2023
  • $3,481,966FY2024

CEO total pay was $3,481,966 in fiscal 2024, up from $3,249,806 in fiscal 2023.

FY2024: salary $649,999 · bonus $0 · stock awards $2,000,000 · option awards $0

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jude Bricker$649,999$0$2,000,000$0$800,313$0$31,653$3,481,966
Chief Executive Officer
Dave Davis499,9990850,0000492,500022,3851,864,885
Former President and Chief Financial Officer (6)
Gregory Mays400,0000780,0000315,200025,4091,520,610
Former Chief Operating Officer (6)
Rose Neale325,0000400,0000192,075020,219937,295
Chief Legal Officer, SVP and Corporate Secretary
Grant Whitney325,0000350,0000192,075016,718883,793
SVP and Chief Revenue 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Jude Bricker$3,481,966$3,249,806$793,820↑ +232,160
Dave Davis1,864,8851,632,395862,568↑ +232,490
Gregory Mays1,520,6101,051,717709,111↑ +468,893
Rose Neale937,295631,444723,472↑ +305,851
Grant Whitney883,793645,392—↑ +238,401

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

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy reflects an overall goal that pay incentives should be designed to both appropriately motivate key executive talent and promote retention, while also aligning with the longer-term interests of shareholders. The program is designed to utilize a pay-for-performance approach that rewards corporate performance, motivates the achievement of strategic objectives, and places compensation at risk if performance goals are not achieved.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Gregory MaysPSU2024-01-096,72913,458—20,187$195,000
Gregory MaysRSU2024-01-09——40,373—585,000
Jude BrickerPSU2024-01-0941,40882,816—124,2241,200,000
Jude BrickerRSU2024-01-09——55,211—800,000
Dave DavisPSU2024-01-0917,59935,197—52,795510,000
Dave DavisRSU2024-01-09——23,465—340,000
Rose NealePSU2024-01-093,4516,902—10,353100,000
Rose NealeRSU2024-01-09——20,704—300,000
Grant WhitneyPSU2024-01-093,0196,039—9,05887,500
Grant WhitneyRSU2024-01-09——18,116—262,500

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Gregory Mays$585,000$195,000$025.0%
Jude Bricker800,0001,200,000060.0%
Dave Davis340,000510,000060.0%
Rose Neale300,000100,000025.0%
Grant Whitney262,50087,500025.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Grant WhitneyRSU1,155—$16,839
Gregory MaysRSU2,386—34,787
Dave DavisRSU4,158—60,623
Rose NealeRSU4,510—65,755
Grant WhitneyRSU4,510—65,755
Rose NealeRSU4,928—71,850
Grant WhitneyRSU6,039—88,048
Rose NealeRSU6,902—100,631
Dave DavisRSU8,535—124,440
Gregory MaysRSU10,135—147,768
Gregory MaysRSU13,458—196,217
Grant WhitneyRSU18,116—264,131
Rose NealeRSU20,704—301,864
Dave DavisRSU23,465—342,119
Jude BrickerRSU27,684—403,632
Dave DavisRSU35,197—513,172
Gregory MaysRSU40,373—588,638
Jude BrickerRSU55,211—804,976
Jude BrickerRSU82,816—1,207,457
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jennifer VogelIndependent · Board Chair · Audit Committee · Compensation and Human Resources Committee$125,000$170,000——$0$295,000
Thomas C. KennedyIndependent · Audit Committee (Chair)100,000120,000——0220,000
Kerry PhilipovitchIndependent · Audit Committee · Nominating and Corporate Governance Committee (Chair) · Safety Committee90,000120,000——7,800217,800
Marion BlakeyIndependent · Compensation and Human Resources Committee · Safety Committee (Chair)95,000120,000——0215,000
Patrick O’KeeffeIndependent · Compensation and Human Resources Committee (Chair) · Nominating and Corporate Governance Committee80,000120,000——0200,000
Gail PetersonIndependent · Compensation and Human Resources Committee · Nominating and Corporate Governance Committee75,000120,000——1,650196,650
Dave DavisEmployee director · Departed during FY00000—
Jude BrickerEmployee director · Safety Committee00000—

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$120,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline—

Total cost of the board

ComponentFY2024
Cash retainers and fees$565,000
Equity awards (grant-date value)$770,000
All other compensation$9,450
Total cost of the board$1,344,450

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

Peer group, and who names Sun Country Airlines as a peer

Companies that benchmark against SNCY

1 company names SNCY as a compensation peer

Each company listed discloses SNCY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SNCY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2024

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

Atlas Air Worldwide HoldingsATSG Air Transport Services GroupULCC Frontier Group HoldingsALGT Allegiant Travel CompanySKYW SkyWestFHB Hawaiian HoldingsMESA Mesa Air Group

Peer reciprocity

Of the companies Sun Country Airlines 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.

Air Transport Services Group (ATSG)— Frontier Group Holdings (ULCC)35✓ Allegiant Travel Company (ALGT)36— SkyWest (SKYW)37— Hawaiian Holdings (FHB)38 Mesa Air Group (MESA)

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 Sun Country Airlines Holdings.

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
1SkyWest2025Russell Childs$595,000$3,055,000$0$2,718,906$6,715,152
2Hawaiian Holdings2025Robert Harrison1,072,5932,590,79501,586,8846,285,693
3Frontier Group Holdings2025James Dempsey655,0742,699,9870872,8864,237,766
4Sun Country Airlines Holdings2024Jude Bricker649,9992,000,0000800,3133,481,966
5Allegiant Travel Company2025Gregory Anderson600,000223,496002,191,511
—Air Transport Services Group——————not in coverage universe
—Mesa Air Group——————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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Sun Country Airlines Holdingsnot disclosedPSU 60 · RSU 40not disclosedMeridian Compensation Partners, LLC
Air Transport Services Groupnot disclosednot disclosednot disclosednot disclosed
Allegiant Travel Companynot disclosedPSU 50 · RSU 50not disclosednot disclosed
Frontier Group Holdingsnot disclosednot disclosednot disclosedWillis Towers Watson
Hawaiian Holdings147%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR) vs. KBW Regional Bank IndexPearl Meyer
Mesa Air Groupnot disclosednot disclosednot disclosednot disclosed
SkyWestnot disclosedPSU 70 · RSU 30not disclosedFrederic W. Cook & Co., Inc.

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.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-06-1145,107,0661,256,178263,00596.74%Passed
20242024-06-1246,277,9772,441,1279,26294.97%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20252025-06-1196.74%a
20242024-06-1294.97%b

a. Approved under the standard stated in the filing — “Abstentions will count towards the quorum requirement for the Annual Meeting and will have the same effect as a vote "against" the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will count towards the quorum requirement for the Annual Meeting and will have the same effect as a vote "against" the proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)90 : 1
CEO total compensation$3,481,966
Median employee compensation$38,532
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (38 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Jude Bricker. DEF 14A, filed 2025-04-25. Section “Executive Compensation”. As printed: 3,481,966. View filing ↗
  • Section 01, Dave Davis. DEF 14A, filed 2025-04-25. Section “Executive Compensation”. As printed: 1,864,885. View filing ↗
  • Section 01, Gregory Mays. DEF 14A, filed 2025-04-25. Section “Executive Compensation”. As printed: 1,520,610. View filing ↗
  • Section 01, Rose Neale. DEF 14A, filed 2025-04-25. Section “Executive Compensation”. As printed: 937,295. View filing ↗
  • Section 01, Grant Whitney. DEF 14A, filed 2025-04-25. Section “Executive Compensation”. As printed: 883,793. View filing ↗
  • Section 03, Gregory Mays PSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Gregory Mays RSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jude Bricker PSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jude Bricker RSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Dave Davis PSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Dave Davis RSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Rose Neale PSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Rose Neale RSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Grant Whitney PSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Grant Whitney RSU. DEF 14A, filed 2025-04-25. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-04-25. Section “CEO Pay Ratio”. As printed: 90 : 1. View filing ↗
  • Section 08, Jennifer Vogel. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 295,000. View filing ↗
  • Section 08, Thomas C. Kennedy. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 220,000. View filing ↗
  • Section 08, Kerry Philipovitch. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 217,800. View filing ↗
  • Section 08, Marion Blakey. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 215,000. View filing ↗
  • Section 08, Patrick O’Keeffe. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 200,000. View filing ↗
  • Section 08, Gail Peterson. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 196,650. View filing ↗
  • Section 08, Dave Davis. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 08, Jude Bricker. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-13. Item 5.07 · say-on-pay result. As reported: 96.74% (votes for as printed: 45,107,066). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-14. Item 5.07 · say-on-pay result. As reported: 94.97% (votes for as printed: 46,277,977). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 565,000 + equity 770,000 + all other 9,450 = 1,344,450, summed across the director compensation table rows.
  • SkyWest, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in SkyWest's own proxy. As printed: 6,715,152. View filing ↗
  • Hawaiian Holdings, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Hawaiian Holdings's own proxy. As printed: 6,285,693. View filing ↗
  • Frontier Group Holdings, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Frontier Group Holdings's own proxy. As printed: 4,237,766. View filing ↗
  • Sun Country Airlines Holdings (subject), Section 10b CEO total. DEF 14A, filed 2025-04-25. CEO total compensation as printed in Sun Country Airlines Holdings's own proxy. As printed: 3,481,966. View filing ↗
  • Allegiant Travel Company, Section 10b CEO total. DEF 14A, filed 2026-05-15. CEO total compensation as printed in Allegiant Travel Company's own proxy. As printed: 2,191,511. View filing ↗
  • Section 10a, Frontier Group Holdings reciprocity. DEF 14A. Frontier Group Holdings's most recent proxy was read; its disclosed peer group does not include Sun Country Airlines Holdings. View filing ↗
  • Section 10a, Allegiant Travel Company reciprocity. DEF 14A. Allegiant Travel Company names Sun Country Airlines Holdings in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, SkyWest reciprocity. DEF 14A. SkyWest's most recent proxy was read; its disclosed peer group does not include Sun Country Airlines Holdings. View filing ↗
  • Section 10a, Hawaiian Holdings reciprocity. DEF 14A. Hawaiian Holdings's most recent proxy was read; its disclosed peer group does not include Sun Country Airlines Holdings. View filing ↗