| S64 Stock | | | EUR 0.95 0.00 0.00% |
CEO
Mr. Edward M. Christie, III was appointed as President, Chief Executive Officer of Spirit Airlines Inc, effective on January 1, 2019. Prior to joining Spirit, Mr. Christie served as Vice President and Chief Financial Officer of Pinnacle Airlines Corporationration from July 2011 to March 2012. Prior to that, Mr. Christie was a partner in the management consulting firm of Vista Strategic Group LLC from May 2010 to July 2011 since 2019.
| Age | 48 |
| Tenure | 5 years |
| Phone | 954 447 7920 |
| Web | https://www.spirit.com |
Christie served in various positions from 2002 to 2010 at Frontier Airlines, including as Chief Financial Officer from June 2008 to January 2010, as Senior Vice President, Finance from February 2008 to June 2008, as Vice President, Finance from May 2007 to February 2008, and before that in several positions, including Corporationrationrationrate Financial Administrator, Director of Corporationrationrationrate Financial Planning, and Senior Director of Corporationrationrationrate Financial Planning and Treasury. In April 2008, Frontier Airlines filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. The Board has previously concluded that Mr. Christie should serve on the Board and on the based on his business skills, leadership experience in the airline industry, financial expertise, general business knowledge and due to his position as President.
Spirit Airlines Management Efficiency
Spirit Airlines' management efficiency ratios could be used to measure how well Spirit Airlines manages its routine affairs as well as how well it operates its assets and liabilities.
Spirit Airlines has accumulated 3.2
B in total debt with debt to equity ratio
(D/E) of 2.88, implying the company greatly
relies on financing operations through barrowing. Spirit Airlines has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Spirit Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, Spirit Airlines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spirit Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spirit to invest in growth at high rates of return. When we think about Spirit Airlines' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 1 records | CEO Age |
| Anders Storm | SIVERS SEMICONDUCTORS AB | 50 |
It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. SPIRIT AIRLINES operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9823 people. Spirit Airlines (S64) is traded on Frankfurt Exchange in Germany and employs 12,025 people.
Management Performance
Spirit Airlines Leadership Team
Elected by the shareholders, the Spirit Airlines' board of directors comprises two types of representatives: Spirit Airlines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spirit. The board's role is to monitor Spirit Airlines' management team and ensure that shareholders' interests are well served. Spirit Airlines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Spirit Airlines' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Canfield, Senior Vice President General Counsel, Secretary | |
| Mark Dunkerley, Independent Director | |
| Christine Richards, Independent Director | |
| Melinda Grindle, VP Officer | |
| Edward III, CEO Pres | |
| Myrna Soto, Independent Director | |
| H Gardner, Lead Independent Chairman of the Board | |
| Edward Christie, President, Chief Executive Officer, Director | |
| Dawn Zier, Independent Director | |
| Barclay Jones, Independent Director | |
| Martha Villa, Chief Human Resource Officer, Senior Vice President | |
| Robert Schroeter, Vice President Consumer Marketing | |
| Brian McMenamy, Principal Accounting Officer, Vice President Controller | |
| Rocky Wiggins, Senior Vice President, Chief Information Officer | |
| Matthew Klein, Executive Vice President, Chief Commercial Officer | |
| Carlton Donaway, Independent Director | |
| Deanne Gabel, Senior Director, Investor Relations | |
| Scott Haralson, Vice President - Financial Planning and Analysis | |
| John Bendoraitis, Chief Operating Officer, Executive Vice President | |
| Robert Johnson, Independent Director | |
Spirit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Spirit Airlines a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Spirit Stock
Spirit Airlines financial ratios help investors to determine whether Spirit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spirit with respect to the benefits of owning Spirit Airlines security.