Appoints Aviation Industry Veteran Fred Cromer
as Chief Financial Officer
Dana Shapir Alviene Appointed to SVP, Inflight
and Airport Experience and Tomas Ranaldi Promoted to VP,
Financial Planning & Analysis
DANIA
BEACH, Fla., July 1, 2024
/PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced
executive leadership updates including the appointment of
Fred Cromer as Executive Vice
President and Chief Financial Officer, effective July 8, 2024. Cromer will work closely with the
Company's Interim CFO, Brian
McMenamy, who will remain in a senior finance role with the
Company to ensure a smooth transition.
Cromer brings three decades of experience in the aviation
industry, with expertise in financial management, strategic
planning, treasury and operations. Cromer has held numerous
executive positions over his career, most recently serving as Chief
Executive Officer, and previously Chief Financial Officer, of
Xwing, Inc., a fast-growing aviation technology company and pioneer
in developing the world's first autonomous regional cargo aircraft.
Prior to joining Xwing, Cromer served as President of Bombardier
Commercial Aircraft from 2015 to 2020, President of International
Lease Finance Corporation from 2008 to 2015, and Chief Financial
Officer and Vice President at ExpressJet Airlines from 1998 to
2008. Cromer holds an A.B. degree in Economics from the
University of Michigan and an MBA in
Finance from DePaul University.
"Fred's extensive career in aviation and his proven track record
of strategic financial leadership across all aspects of the
industry bring valuable insights and expertise that will help us
successfully evolve our business model as we navigate the changes
in the demand environment," said Ted
Christie, Spirit's President and Chief Executive Officer.
"Fred has significant experience leading companies through periods
of substantial growth and transformation, and we are very excited
to bring aboard someone of Fred's caliber as we continue to execute
on Spirit's transformation strategy."
"I'm thrilled to be joining Spirit at such a pivotal time for
both the company and the industry," said Cromer. "I really look
forward to working alongside Ted and the rest of the Spirit team to
help drive continuous improvement and build a sustainable and
successful business going forward."
Spirit is pleased to announce additional significant leadership
updates:
- Dana Shapir Alviene has
been appointed Senior Vice President of Inflight and Airport
Experience, effective July 29, 2024.
Shapir Alviene joins Spirit from Avianca where she served as Senior
Vice President of Customer Experience. Prior to Avianca, she held
multiple leadership roles at JetBlue Airways between 2014 and 2023,
including Vice President, Airports Experience. She began her
aviation career at Southwest Airlines where she served in key
operational, customer service and leadership roles. Shapir
Alviene's extensive operational and customer expertise will elevate
Spirit's Guest experience and strengthen collaboration between its
Airports and Inflight teams.
- Tomas Ranaldi has been
promoted to Vice President of Financial Planning & Analysis,
effective immediately. Ranaldi has been an important member of the
Spirit team since 2015, excelling in various roles within the
finance department.
Christie continued, "We are delighted to welcome Dana to the
Spirit Family and to elevate Tomas to his new role. I also want to
thank Brian for stepping into the role of Interim CFO and agreeing
to continue working with us going forward. He is an invaluable part
of the Spirit team, and his experience and knowledge of Spirit will
help ensure a smooth transition, as well as bringing wise
leadership to ongoing projects."
About Spirit Airlines:
Spirit Airlines (NYSE: SAVE) is committed to delivering the best
value in the sky. We are the leader in providing customizable
travel options starting with an unbundled fare. This allows our
Guests to pay only for the options they choose — like bags, seat
assignments, refreshments and Wi-Fi — something we call À La
Smarte®. Our Fit Fleet® is one of the youngest and most
fuel-efficient in the United
States. We serve destinations throughout the U.S.,
Latin America and the Caribbean, making it possible for our Guests
to venture further and discover more than ever before. We are
committed to inspiring positive change in the communities where we
live and work through the Spirit Charitable Foundation. Come
save with us at spirit.com.
Investor inquiries:
Spirit Investor Relations
investorrelations@spirit.com
Media inquiries:
Spirit Media Relations
Media_Relations@spirit.com
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SOURCE Spirit Airlines, Inc.