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The Honolulu Advertiser

Posted at 11:03 a.m., Monday, December 31, 2007

Dunkerley to remain Hawaiian CEO into 2010

Advertiser Staff

Mark Dunkerley, president and chief executive officer of Hawaiian Airlines, will stay on with the airline at least through November 2010 as a result of his employment contract being extended.

Dunkerley's contract previously was to expire next August, according to a regulatory filing.

The new agreement calls for his annual base salary to be raised to $580,000 a year from $550,000 to provide Dunkerley with an allowance for insurance he is to buy. Dunkerley was granted stock options to buy $225,000 shares of parent company's Hawaiian Holdings common stock at an exercise price equal to the price on the date of the grant. Dunkerley also was granted 550,000 deferred stock units.