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Allegiant Travel Company (ALGT) has issued an announcement.
Allegiant Travel Company’s executive vice president and chief information officer, Robert P. Wilson, III, is set to retire on July 1, 2024, following a separation agreement that grants him vested shares, cash compensation, and additional benefits. Wilson will also be relinquishing some restricted stock and will adhere to non-solicitation and confidentiality agreements post-retirement. This move comes as part of a planned termination of his employment agreement with the company.
For a thorough assessment of ALGT stock, go to TipRanks’ Stock Analysis page.