Alain Bellemare is a senior executive at Delta Air Lines, having joined the company in January 2021 where he serves as President - International. In this role, he oversees the airline's international operations and partnerships, playing a key part in expanding Delta’s global presence.

Before his current position at Delta, he held significant leadership roles, including serving as Chief Executive Officer at Bombardier from February 2015 to March 2020. Prior to that, he was the President and Chief Executive Officer of Propulsion & Aerospace Systems at United Technologies Corporation from June 2011 to February 2015, where he managed critical aerospace initiatives.

While detailed personal background and educational history are not provided in the documents, Bellemare’s career trajectory highlights his extensive experience and leadership in the aerospace and transportation industries. His professional accomplishments prior to joining Delta further emphasize his ability to drive transformation and strategic growth.

Past Roles

Organization	Role	Date Range	Details
Bombardier	Chief Executive Officer	February 2015 - March 2020	N/A
United Technologies Corporation Propulsion & Aerospace Systems	President and Chief Executive Officer	June 2011 - February 2015	N/A

Fixed Compensation

Data from FY 2022

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$650,000	Annually	Fixed annual salary.
Restricted Stock	$1,500,038	At grant date (Feb 9, 2022)	Granted under the 2022 LTIP; fair value computed based on Delta’s closing price on Feb 9, 2022.
All Other Compensation	$146,180	Annually	Includes company-paid healthcare, outplacement services, and flight benefits.

Performance Compensation

Data from FY 2022

Non-Equity Incentive Plan (MIP)

Metric	Value	Additional Details
Grant Date	January 1, 2022	Official grant date; Board action on Feb 9, 2022.
Threshold	$487,500	Minimum performance level required.
Target	$975,000	Expected payout if target performance is met.
Maximum	$1,950,000	Cap on the payout based on performance.
Performance Metrics	Pre-tax income and short-term business goals	Metrics aligned with Delta’s Profit Sharing and Shared Rewards Programs.
Vesting Schedule	Contingent on Profit Sharing payout or termination conditions	Awards made in restricted stock; vesting tied to specific payout conditions.

Performance Restricted Stock Units (PRSUs)

Metric	Value	Additional Details
Grant Date	February 9, 2022	PRSUs granted on this date.
Grant Date Fair Value	$1,500,038	Fair value assigned at grant date.
Vesting Schedule	Three-year performance period	Vesting occurs at the end of the period contingent on achieving financial and operational goals.
Performance Conditions	0%-300% of target	Payout range based on achievement of specific performance measures.

Performance Awards (Cash-Settled)

Metric	Value	Additional Details
Grant Date	February 9, 2022	Award granted on this date.
Grant Date Fair Value	$1,500,000	Fair value assigned at grant date.
Grant Date Stock Price	$32.86	Closing price used for reference on Feb 9, 2022.
Vesting Schedule	End of three-year period (Jan 1, 2022 to Dec 31, 2024)	Vesting contingent on achieving performance measures.
Performance Conditions	0%-200% of target	Payout determined by Delta’s financial and operational performance; if conditions are not met, awards do not vest.

Note: Specific performance metrics details beyond the general payout ranges and conditions are not disclosed in the available documents.