"...Delta Air Lines CEO Gerald Grinstein said this week that he is refusing any stock, stock options or cash when the carrier emerges from bankruptcy. Grinstein, who has led the United States’ No. 3 airline since January 2004, said he wants Delta instead to invest what he would have gotten in post-bankruptcy bonuses, to be used for scholarships and emergency hardship assistance for Delta employees, families and retirees. Under a post-bankruptcy compensation plan unveiled Monday, Grinstein could have been expected to net about $10 million, including such bonuses, over about three years..."
