Spirit Airlines has appointed Edward Christie III as senior vice president (SVP) and chief financial officer (CFO), effective in April 2012. He will be responsible for leading the finance, treasury, financial planning, accounting, tax, investor relations, and purchasing functions at Spirit.
Christie is currently SVP and CFO of Pinnacle Airlines, and was previously SVP and CFO of Frontier Airlines. He brings a diverse range of financial and leadership experience to Spirit. Prior to his role at Frontier, he was vice president of finance at a Denver asset-based finance institution and was an economist for the Arizona taxing authority. Christie earned a bachelor’s degree in Business Administration, finance from the University of Arizona in 1992.
Christie will succeed David Lancelot, Spirit’s current SVP and CFO. Lancelot joined Spirit in 2007 and has been a key contributor to the company’s success in introducing and growing its ultra-low cost strategy. His passion for turnaround and start-up business situations has been invaluable in the transformation of Spirit’s business model. Following the successful completion of the company’s initial public offering (IPO), Lancelot decided to explore new opportunities that leverage his strengths and interests.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.