Allegiant Travel Management

Management criteria checks 2/4

Allegiant Travel's CEO is Maurice Gallagher, appointed in Sep 2023, has a tenure of less than a year. directly owns 13.5% of the company’s shares, worth €127.28M. The average tenure of the management team and the board of directors is 3.2 years and 14.5 years respectively.

Key information

Maurice Gallagher

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	13.5%
Management average tenure	3.2yrs
Board average tenure	14.5yrs

Recent management updates

Recent updates

CEO

Maurice Gallagher (73 yo)

less than a year

Tenure

US$3,000,000

Compensation

Mr. Maurice J. Gallagher, Jr., has been an Executive Chairman of Allegiant Travel Company since June 01, 2022 and serves as its Chief Executive Officer since September 28, 2023. He had been the Chief Execu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Maurice Gallagher	CEO & Executive Chairman	less than a year	US$3.00m	13.5% $ 127.3m
Gregory Anderson	President	less than a year	US$2.25m	0.73% $ 6.9m
Robert Wilson	Executive VP & Chief Information Officer	6.3yrs	US$1.36m	0.45% $ 4.3m
Scott DeAngelo	Executive VP & Chief Marketing Officer	6.1yrs	US$1.17m	0.48% $ 4.5m
Robert Neal	Senior VP & CFO	1.3yrs	no data	0.11% $ 1.0m
Keny Wilper	Senior VP & COO	1.3yrs	no data	0.064% $ 602.4k
Rebecca Aretos	VP & Principal Accounting Officer	3.2yrs	no data	0.043% $ 407.2k
Robert Goldberg	Senior VP	no data	no data	no data
Rebecca Henry	Senior VP & Chief Human Resources Officer	3.2yrs	no data	no data
Drew Wells	Senior VP & Chief Revenue Officer	3.2yrs	no data	0.10% $ 972.9k
Michael Broderick	Senior Vice President of Financial Planning & Business Transformation	1.3yrs	no data	no data
Micah Richins	Executive VP & COO of Sunseeker Resorts	5.8yrs	no data	0.065% $ 614.8k

3.2yrs

Average Tenure

45yo

Average Age

Experienced Management: AGH's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maurice Gallagher	CEO & Executive Chairman	22.8yrs	US$3.00m	13.5% $ 127.3m
M. Harrison	Independent Director	4.5yrs	US$854.51k	0.19% $ 1.8m
Charles Pollard	Lead Independent Director	14.8yrs	US$854.51k	0.15% $ 1.4m
Montie Brewer	Independent Director	14.5yrs	US$854.51k	0.15% $ 1.4m
Linda Marvin	Independent Director	11.3yrs	US$854.51k	0.10% $ 959.8k
Gary Ellmer	Independent Director	15.9yrs	US$854.51k	0.048% $ 452.7k
Sandra Morgan	Independent Director	2.5yrs	US$854.51k	0.068% $ 639.9k

14.5yrs

Average Tenure

65yo

Average Age

Experienced Board: AGH's board of directors are seasoned and experienced ( 14.5 years average tenure).

Allegiant Travel Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Allegiant Travel Company Announces Resignation of John Redmond as Member of the Board of Directors

President recently sold €377k worth of stock

Insider recently sold €105k worth of stock

Executive VP & Chief Marketing Officer recently sold €134k worth of stock

Insider recently sold €184k worth of stock

Recent updates

New minor risk - Insider selling

Allegiant Travel Company Announces Ten New Routes

Full year 2023 earnings released: EPS: US$6.32 (vs US$0.14 in FY 2022)

Allegiant Travel Company Announces Quarterly Dividend, Payable on March 1, 2024

Insufficient new directors

Allegiant Announces Twelve New Nonstop Routes to Popular Vacation Destinations

Allegiant Travel Company Relocate Its Nashville International Airport's Operations

Allegiant Travel Company Announces Resignation of John Redmond as Member of the Board of Directors

Allegiant Travel Company (NasdaqGS:ALGT) entered into a definitive agreement to acquire Boston Logan and Newark Liberty International Airports from Spirit Airlines, Inc. (NYSE:SAVE).

New major risk - Earnings quality

New minor risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$4.80 (vs US$0.24 in 2Q 2022)

Allegiant Travel Company Declares Annual Cash Dividend, Payable on September 1, 2023

Allegiant Announces Six New Routes with One-Way Fares as Low as $40

Allegiant Travel Company(NasdaqGS:ALGT) dropped from Russell 2000 Growth-Defensive Index

President recently sold €377k worth of stock

Allegiant Travel Company Unveils Special Livery Dedicated to Insomniac Fans

Insider recently sold €105k worth of stock

Allegiant Travel Company Revises Operating Guidance for the Full Year 2023

First quarter 2023 earnings released: EPS: US$3.16 (vs US$0.44 loss in 1Q 2022)

Executive VP & Chief Marketing Officer recently sold €134k worth of stock

Allegiant Announces Eight New Routes

Insider recently sold €184k worth of stock

Full year 2022 earnings released: EPS: US$0.14 (vs US$8.69 in FY 2021)

Allegiant Travel Company Provides Operating and Earnings Guidance for the Full Year 2023

Allegiant Travel Company Announces Executive Changes

Allegiant Travel Company Announces Executive Changes

Insufficient new directors

Allegiant Announces Two New Nonstop Routes to Nashville

Third quarter 2022 earnings released: US$2.58 loss per share (vs US$2.18 profit in 3Q 2021)

Allegiant Travel Company Provides Earnings Guidance for the Fourth Quarter 2022

Insufficient new directors

Insider recently sold €183k worth of stock

Executive VP & COO recently sold €103k worth of stock

Second quarter 2022 earnings released: EPS: US$0.24 (vs US$5.49 in 2Q 2021)

Allegiant Travel Company Provides Earnings Guidance for the Third Quarter of 2022

Allegiant Travel Company Announces Executive Promotions

Investor sentiment deteriorated over the past week

Insider recently sold €128k worth of stock

Allegiant Designs Exclusive Travel Packages for NFL Fans

Allegiant Announces Seven New Nonstop Routes with Fares as Low as $29

First quarter 2022 earnings released: US$0.44 loss per share (vs US$0.42 profit in 1Q 2021)

Allegiant Travel Company, Annual General Meeting, Jun 22, 2022

Chairman of the Board & CEO recently sold €291k worth of stock

Investor sentiment deteriorated over the past week

Executive VP & CFO recently sold €193k worth of stock

Allegiant Travel Company Announces Executive Transition, Effective June 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Executive VP & COO recently sold €89k worth of stock

Allegiant Travel Company Provides Operating and Revenue Guidance for the First Quarter of 2022

Allegiant Travel Company Announces Nine New Nonstop Routes Launching This Spring with Fares as Low as $39

Allegiant Travel Company Appoints Sandra Douglass Morgan to Serve on the Nominating Committee of the Board of Directors

Executive VP & COO recently sold €798k worth of stock

Allegiant Announces Nine New Nonstop Routes to Premier Spring Break Destinations

Third quarter 2021 earnings released: EPS US$2.18 (vs US$1.82 loss in 3Q 2020)

Allegiant Introduces Allways Rewards - The First Loyalty Program Designed Specifically For Leisure Travelers

Allegiant Announces Major Service Expansion with 22 New Nonstop Routes

Allegiant Travel Company Resumes Construction of Charlotte Harbor Development

Second quarter 2021 earnings released: EPS US$5.57 (vs US$5.86 loss in 2Q 2020)

Allegiant Announces New Nonstop Service to 3 Cities from MLB

Allegiant Travel Company(NasdaqGS:ALGT) dropped from Russell 3000E Value Index

Allegiant Travel Company Announces Six New Nonstop Routes to Make Sunny Summer and Fall Vacation Dreams Come True

An unknown buyer acquired 85% stake in Teesnap LLC from Allegiant Travel Company (NasdaqGS:ALGT).

First quarter 2021 earnings released: EPS US$0.42 (vs US$2.08 loss in 1Q 2020)

Allegiant Travel Company has completed a Follow-on Equity Offering in the amount of $295.65 million.

Allegiant Travel Company Provides Operating Guidance for the Second Quarter 2021

Full year 2020 earnings released: US$11.53 loss per share (vs US$14.27 profit in FY 2019)

Revenue beats expectations

Executive VP & Chief Marketing Officer recently sold €143k worth of stock