Spirit Airlines CFO Scott Haralson To Depart; Names Brian McMenamy Interim CFO

RTTNews | 135 days ago
Stocktwits
Spirit Airlines CFO Scott Haralson To Depart; Names Brian McMenamy Interim CFO

(RTTNews) - Spirit Airlines (SAVE) announced Monday that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024.

McMenamy succeeds Scott Haralson, Executive Vice President and Chief Financial Officer, who is departing to become CFO of a larger, publicly traded company outside of the airline industry.

Haralson will continue in his role through June 14, 2024 to ensure a smooth transition. Spirit will initiate a comprehensive search for a CFO with the assistance of a leading executive search firm.

McMenamy brings nearly 40 years of experience in corporate finance. Prior to joining Spirit in 2017, McMenamy held various roles in finance at American Airlines over the course of his 33-year tenure.

Spirit has begun to execute on initiatives related to its go forward plan, with more changes coming soon. In addition, the Company continues to expect cost saving initiatives to benefit 2024 by over $75 million with annualized run-rate savings estimated at over $100 million.

Tags: SAVE
Stocktwits
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Spirit Airlines Q4 Loss Narrows; Tops Estimates

Spirit Airlines Q4 Loss Narrows; Tops Estimates

Spirit Airlines, Inc. (SAVE) reported Wednesday a net loss for the fourth quarter of $183.65 million or $1.68 per share, narrower than $270.66 million or $2.49 per share in the prior-year quarter.
RTTNews | 251 days ago
US Justice Department Sues To Block Proposed JetBlue- Spirit Merger

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The US Justice Department or DOJ has filed a civil antitrust lawsuit to block JetBlue Airways Corp.'s proposed $3.8 billion acquisition of its largest and fastest-growing ultra-low-cost rival, Spirit Airlines, Inc., saying the deal is presumptively anticompetitive. The lawsuit, filed in the District of Massachusetts, alleges that the acquisition would allow JetBlue to eliminate...
RTTNews | 588 days ago
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The Indonesia stock market has tracked higher in four straight sessions, climbing more than 160 points or 2.2 percent along the way. The Jakarta Composite Index now rests just beneath the 7,650-point plateau and it may add to its winnings again on Thursday.
RTTNews | 4h 14min ago
Australian Market Significantly Higher

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The Australian market is trading significantly higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level to fresh all-time highs, with gains in energy and financial stocks as well as some mining and technology stocks.
RTTNews | 4h 24min ago
Hong Kong Stock Market Tipped To End Losing Streak

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The Hong Kong stock market has moved lower in three straight sessions, stumbling almost 880 points or 4.2 percent along the way. The Hang Seng Index now sits just shy of the 20,290-point plateau although it's due for support on Thursday.
RTTNews | 4h 29min ago
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