Spirit Airlines CE Fornaro to step down in 2019

Spirit Airlines’ CE Bob Fornaro will leave his post Jan 1, 2019, the airline said Wednesday. Ted Christie, the airline’s CFO, will take over the top role. Before that, Christie will become Spirit’s president this coming Jan 1, when he will also take a seat on the board of directors. Christie joined Spirit in 2012, and since has been promoted from senior VP to executive VP. Fornaro joined Spirit in January 2016, following the abrupt departure of long-time CE Ben Baldanza. He has prioritised improving the airline’s reliability, cost structure and customer service. The airline has faced other challenges during Fornaro’s tenure, including pressure brought by legacy carriers’ rollout of unbundled fares as well as operational issues stemming from pilot labour actions and storms. <br/>
ATW
http://atwonline.com/people/spirit-airlines-ceo-fornaro-step-down-2019
12/13/17