DFW AIRPORT — Dallas/Fort Worth Airport CEO Sean Donohue was awarded a big annual bonus along with a pay raise Thursday after guiding the airport to a strong performance in his first year at the helm.
The airport board approved a $113,850 cash bonus for Donohue, a little more than 25 percent of his $440,000 salary. The board also approved a 3 percent raise, effective Dec. 29, increasing his salary to $453,200.Donohue has been the top airport executive for a little more than a year. During that time, the airport has served a record 62.9 million passengers. International traffic has grown as airlines have added flights to China and the Persian Gulf region.Before receiving his bonus, Donohue briefed the board on the airport’s financial performance for fiscal 2014, which ended Sept. 30. He noted that the airport generated more than $100 million in revenue for the first time in its history, with 60 percent coming from nonairline sources such as concessions, parking and commercial development.However, the airport needs to improve its customer experience, Donohue said, particularly as it spends $2.7 billion on renovating four older terminals.“Because of the impact that the construction is having on our customers at the airport, we have to step up our game,” Donohue said, adding that it will be a primary focus for his executive team in 2015.Donohue’s salary is slightly higher than that of his predecessor, Jeff Fegan, who retired in October 2013 after leading the airport for 19 years. Fegan also received a similar double-digit-percentage cash bonus in 2012.Andrea Ahles, 817-390-7631 Twitter: @Sky_Talk
