Allegiant Travel announced that John Redmond has resigned as CEO and as a member of the Board of Directors effective immediately. Maurice Gallagher, former CEO, current executive chairman and one of the company’s largest stockholders, will resume the CEO role. Gallagher will also maintain his role as chairman of Allegiant’s board. Anderson was appointed president of Allegiant in 2022. Since joining the company in 2010, he has held several leadership roles, including senior vice president – treasury, principal accounting officer, and CFO. Prior to joining Allegiant, he worked in corporate accounting for U.S. Airways.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ALGT:
- Allegiant Travel reports August total system passengers down 4.7% from last year
- Here’s Why Spirit Airlines Stock (NYSE:SAVE) Fell Yesterday
- JetBlue to divest Spirit Airlines holdings in Boston, Newark to Allegiant Travel
- Allegiant Travel price target lowered to $110 from $125 at Evercore ISI
- Allegiant Travel reports July total system passenger up 0.1% from last year