MANAGEMENT
Six Airlines File Cab Reports on Salaries
Washington—Following are airline officers’ salaries, bonuses and indirect compensation, expenses and stock holdings as reported to the CAB for the year ending Dec. 31, 1961: Ellis Airlines—R. E. Ellis, president, $16,800 salary, $3,180 expenses, 21,291 shares of common stock ; J. E. Sherman, vice president, $13,800 salary, $602 expenses, 8,075 shares of common stock; G. A. Bodding, vice president, $16,680 salary, $407 expenses, 8,612 shares of common stock ; N. T. Gerde, secretary and treasurer, $17,095 salary, $801 expenses, 4,833 shares of common stock; J. Funk, director, $10,200 salary, $378 expenses, 1,862 shares of common stock; E. Heath, director, $14,880 salary, $51 expenses, 2,177 shares of common stock; B. Neketin, director, $8,498 salary, $193 expenses, 636 shares of common stock ;