AIR TRANSPORT
Airlines List Officers’ Salaries, Bonuses
Washington—Following is a list of airline officers' salaries, bonuses and indirect compensations, expenses and stock holdings for the year ending Dec. 31, 1958, as reported to the Civil Aeronautics Board. Eastern Air Lines, Inc.—E. V. Rickenbacker, chairman of the board of directors, general manager and director, $47,396 salary; $1,000 bonus and indirect compensation and 44,307 shares of common stock; T. F. Armstrong, president and director, $34,089 salary, $1,000 bonus and indirect compensation, 10,620 shares of direct common stock and 1,061 common shares in name of others; S. L. Shannon, senior vice president and director, $29,219 salary, $1,000 bonus and indirect compensation and 5,636 shares of common stock; T. E. Creighton, treasurer and director, $17,045 salary, $1,000 bonus and indirect compensation and 5,370 shares of common stock; L. P. Arnold, vice president, $21,915 salary and 4,883 shares of common stock.