Spirit names new chief financial officer

Spirit Airlines has appointed Fred Cromer as executive vice president and chief financial officer (CFO), effective July 8, 2024. Spirit said that Cromer will “work closely with the company's interim CFO, Brian McMenamy, who will remain in a senior finance role with the company to ensure a smooth transition”. Cromer brings three decades of experience in the aviation industry, with expertise in financial management, strategic planning, treasury and operations. ""Fred's extensive career in aviation and his proven track record of strategic financial leadership across all aspects of the industry bring valuable insights and expertise that will help us successfully evolve our business model as we navigate the changes in the demand environment,"" said Ted Christie, Spirit's president and chief executive officer. “Fred has significant experience leading companies through periods of substantial growth and transformation, and we are very excited to bring aboard someone of Fred's caliber as we continue to execute on Spirit's transformation strategy."" Cromer said that he was ""thrilled to be joining Spirit at such a pivotal time for both the company and the industry"". Spirit has also confirmed additional leadership updates, with Dana Shapir Alviene appointed senior vice president of Inflight and Airport Experience, effective July 29, 2024, alongside Tomas Ranaldi who has been promoted to vice president of Financial Planning & Analysis, effective immediately. Christie continued: ""We are delighted to welcome Dana to the Spirit Family and to elevate Tomas to his new role. I also want to thank Brian for stepping into the role of Interim CFO and agreeing to continue working with us going forward. “He is an invaluable part of the Spirit team, and his experience and knowledge of Spirit will help ensure a smooth transition, as well as bringing wise leadership to ongoing projects.""