Executive Vice President and Chief Operations Officer · United Airlines Holdings, Inc. (UAL)

Torbjorn Enqvist

A named executive officer of United Airlines in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$11,099,827

FY2024: $12,646,982

Compensation figures as of the proxy filed April 7, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Torbjorn Enqvist compensation by year

United Airlines Summary Compensation Table · all 3 fiscal years held
In US dollars, as United Airlines reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$775,000$860,000$880,000
Bonus$1,525,000$2,220,980$0
Stock awards$2,996,475$7,568,878$6,417,260
Option awards$0$0$0
Non-equity incentive$2,121,677$1,881,489$3,669,260
Pension and deferred compensation$19,595$0$17,923
All other$116,480$115,635$115,384
Total$7,554,227$12,646,982$11,099,827

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: United Airlines Holdings, Inc. DEF 14A filed April 7, 2026, accession 0001104659-26-040467, and prior-year filings. Open the filing on EDGAR.

$7.6M
$12.6M
$11.1M
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU87,051$9,734,043—
PSU66,424$7,427,532—
RSU29,018$3,244,793—
RSU24,858$2,779,622—
PSU16,572$1,853,081—
RSU14,105$1,577,221—

Per the Outstanding Equity Awards at Fiscal Year-End table in United Airlines Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

3 Form 4 lines since the FY2025 proxy (filed April 7, 2026)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-07-25Grant or award—24,971$0.00139,771
2026-07-25Tax withholding—9,825$118.27129,946
2026-07-24Sale—20,000$119.91114,800

The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments United Airlines discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$0$12,702,797$0—
Change in control and involuntary termination$4,224,000$9,227,320$58,042—
Voluntary resignation$0$9,227,320$0—
Death$0$12,702,797$0—
Change in control and resignation for good reason$4,224,000$20,832,960$58,042—

Per the Potential Payments Upon Termination or Change in Control table in United Airlines Holdings, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

United Airlines’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Scott KirbyChief Executive Officer$32,282,253
Brett HartPresident$20,285,691
Torbjorn Enqvist · this pageExecutive Vice President and Chief Operations Officer$11,099,827
Andrew NocellaExecutive Vice President and Chief Commercial Officer$9,363,193
Michael LeskinenExecutive Vice President and Chief Financial Officer$7,051,410

The full United Airlines compensation record

free company brief

This page is one person within United Airlines's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are United Airlines's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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