US Airways CEO paid $1.45 million, misses out on more NEW YORK (Reuters) =97 The chief executive of US Airways was paid about= $1.45=20 million last year, but lost out on a bigger pay package because the No. 7=20 U.S. carrier sought bankruptcy protection. David Siegel, who became CEO=20 last March, for 2002 received a $533,654 salary, a $750,000 bonus and=20 $163,102 in other compensation, US Airways said in its annual report filed= =20 on Thursday with the U.S. Securities and Exchange Commission. Siegel, 41,=20 also received $2.36 million grant of restricted stock and 750,000 stock=20 options, the report shows. Both are now worthless, and will be canceled=20 when the carrier emerges from Chapter 11, the company's annual report=20 shows. US Airways, which is based in Arlington, Va., sought protection from= =20 creditors last August but hopes to emerge from Chapter 11 by Monday. Its=20 shares now trade for about 10 cents. Siegel's pay package is more than 80=20 percent below packages announced this week for top executives at other=20 carriers. Continental Airlines Chairman and CEO Gordon Bethune received a=20 package worth about $11.9 million, including options, while Delta Air Lines= =20 awarded its chairman and CEO, Leo Mullin, a $13 million pay package.=20 Bethune's salary and bonus totaled about $1.7 million, while Mullin's=20 totaled about $2.2 million. Stephen Wolf, who stepped down as US Airways'=20 CEO last March 8 but remains non-executive chairman, last year received=20 about $619,000 from the carrier, including $126,923 in salary, a $112,500=20 bonus and $379,824 of other compensation, U.S. Airways' annual report=20 shows. His restricted stock and stock options also have no value and will=20 be canceled when the carrier emerges from Chapter 11. *************************************************** The owner of Roger's Trinbago Site/TnTisland.com Roj (Roger James) escape email mailto:ejames@xxxxxxxxx Trinbago site: www.tntisland.com Carib Brass Ctn site www.tntisland.com/caribbeanbrassconnection/ Steel Expressions www.mts.net/~ejames/se/ Site of the Week: http://www.thehummingbirdonline.com TnT Webdirectory: http://search.co.tt *********************************************************