Do you know who your next CEO will be? Is your board actively involved in CEO succession discussions? How is business transformation shaping your board’s agenda?
Learn how South Florida-based Spirit Airlines is dealing with transition and transformation. Join us for this rare opportunity to hear from Spirit’s new CEO and former CEO (who remains on the board) about the leadership changeover and a journey that has dramatically improved its on-time performance and guest experience amidst a planful approach CEO succession.
About Spirit: Spirit Airlines (NASDAQ: SAVE) is committed to offering the lowest total price to the places it flies, on average much lower than other airlines. With its Fit Fleet™, the youngest fleet of any major U.S. airline, the company operates more than 400 daily flights to 60 destinations in the U.S., Latin America and the Caribbean.
Robert Fornaro served as CEO for Spirit Airlines from January 2016 until December 2018. He became a member of, and continues to be a member of, the Board of Directors in May 2014. Previously, Fornaro retired as Chairman, CEO and President of AirTran Holdings, Inc., and its subsidiary, AirTran Airways in May 2011. During his tenure at AirTran, the Company transformed itself from a regional to an international airline and experienced a near seven-fold increase in revenue to nearly $3 billion. AirTran achieved the unique position of being the lowest cost provider of any major U.S. airline as well as achieving industry - leading service metrics. Prior to his tenure at Airtran, Fornaro serviced in senior roles for US Airways and Northwest Airlines. Fornaro holds a Master’s degree in City & Regional Planning from Harvard University and a Bachelor's degree in economics from Rutgers College.
Ted Christie became Spirit Airline’s Chief Executive Officer on January 1, 2019, succeeding Bob Fornaro. Previously, Christie served as Chief Financial for Spirit from 2012 through 2017 and was promoted to President in January 2018. Prior to joining Spirit, Christie served as CFO of Pinnacle Airlines Corp, an airline holding company with subsidiaries flying as Delta Connection, United Express and US Airways Express. Christie began his airline career at Frontier Airlines in 2002 where he helped the carrier to restructure and to achieve a competitive cost structure. Christie earned a Bachelor of Business Administration in Finance from the University of Arizona in 1992.