Names New CEO, President And Interim COO
By Jim Douglas
January 28, 2012 - Frontier Airlines names key executive positions, David Siegel will join the Company as CEO, President, and interim Chief Operating Officer.
assuming these positions, Siegel will remain on the
Republic Airways Board of Directors while stepping down
as lead independent director.
Siegel’s appointment is another step towards the goal of making Frontier Airlines a viable, strong and independent business. Siegel and the entire Frontier executive team will be based at Frontier’s headquarters in Denver, Colo.
Siegel comes to Frontier with a wealth of relevant CEO experience. Siegel previously served as CEO of XOJET, gategroup, US Airways and Avis Budget, in addition to other key leadership roles in the airline industry.
"Dave is an incredible
talent with the skills to lead Frontier during its
separation process from Republic and continue its
transformation into a profitable ultra-low-cost-carrier,"
said Bryan Bedford, Chairman, President and CEO of Republic
Airways Holdings, Inc.
"We believe that Dave’s combination of
travel industry and restructuring experience makes him uniquely
well suited for the task at hand. Placing Frontier in Dave’s
capable care affords me the opportunity to fully focus my time
and energy on the regional airline segment of our business."
Frontier also announced the addition of new
senior officers for Frontier’s finance and commercial team,
among other changes in the executive leadership team. Robert
Ashcroft has joined Frontier as Senior Vice President, Finance.
Ashcroft will work closely with Siegel and
Bedford in the project of moving Frontier towards independence,
as well as defining opportunities to ensure profitable growth
for the Company. Ashcroft has an unusually diverse background
encompassing finance, planning and IT.
Most recently he was at Allegiant Travel Company
overseeing network and capacity planning, scheduling, pricing
and investor relations.
Daniel Shurz has
been promoted to the role of Senior Vice President, Commercial for
Frontier and will have responsibility for all commercial activities,
including network planning, pricing and revenue management, marketing,
product and brand definition.
Daniel joined Frontier as Vice President of Strategy and Planning
Greg Aretakis is
assuming an expanded role as Vice President of Network and Revenue
Management, adding responsibility for scheduling and planning, sales and
distribution to his current portfolio.
Greg previously served as the Company’s Vice President of Revenue
Dan Krause has
been promoted to Vice President of Marketing and Customer Experience for
Frontier. Dan has been with
Frontier since 2004 and most recently served as Senior Director,
Commercial Strategy and Customer Experience.
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