Spirit Airlines, Inc.

DB:S64 Stock Report

Market Cap: €14.9m

Spirit Airlines Management

Management criteria checks 2/4

Spirit Airlines' CEO is Ted Christie, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is $6.60M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €31.31K. The average tenure of the management team and the board of directors is 4.8 years and 7.8 years respectively.

Key information

Ted Christie

Chief executive officer

US$6.6m

Total compensation

CEO salary percentage11.3%
CEO tenure6.8yrs
CEO ownership0.2%
Management average tenure4.8yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ted Christie's remuneration changed compared to Spirit Airlines's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$677m

Mar 31 2024n/an/a

-US$486m

Dec 31 2023US$7mUS$746k

-US$447m

Sep 30 2023n/an/a

-US$534m

Jun 30 2023n/an/a

-US$413m

Mar 31 2023n/an/a

-US$463m

Dec 31 2022US$3mUS$700k

-US$554m

Sep 30 2022n/an/a

-US$371m

Jun 30 2022n/an/a

-US$319m

Mar 31 2022n/an/a

-US$555m

Dec 31 2021US$4mUS$700k

-US$473m

Sep 30 2021n/an/a

-US$543m

Jun 30 2021n/an/a

-US$657m

Mar 31 2021n/an/a

-US$513m

Dec 31 2020US$3mUS$639k

-US$429m

Sep 30 2020n/an/a

-US$190m

Jun 30 2020n/an/a

-US$8m

Mar 31 2020n/an/a

US$251m

Dec 31 2019US$3mUS$700k

US$335m

Sep 30 2019n/an/a

US$346m

Jun 30 2019n/an/a

US$360m

Mar 31 2019n/an/a

US$257m

Dec 31 2018US$6mUS$544k

US$156m

Sep 30 2018n/an/a

US$311m

Jun 30 2018n/an/a

US$273m

Mar 31 2018n/an/a

US$339m

Dec 31 2017US$1mUS$396k

US$416m

Compensation vs Market: Ted's total compensation ($USD6.60M) is above average for companies of similar size in the German market ($USD474.67K).

Compensation vs Earnings: Ted's compensation has increased whilst the company is unprofitable.

CEO

Ted Christie (53 yo)

6.8yrs

Tenure

US$6,601,404

Compensation

Mr. Edward M. Christie, III, also known as Ted, serves as Director of Encompass Health Corporation from November 2023. Mr. Christie has been President at Spirit Airlines, Inc. since January 2018. He has be...

Leadership Team

NamePositionTenureCompensationOwnership
Edward Christie
President6.8yrsUS$6.60m0.21%
€ 31.3k
John Bendoraitis
Executive VP & COO11.1yrsUS$3.10m0.069%
€ 10.2k
Rocky Wiggins
Senior VP & Chief Information Officer8.2yrsUS$2.21m0.031%
€ 4.6k
Matthew Klein
Executive VP & Chief Commercial Officer8.3yrsUS$2.88m0.063%
€ 9.4k
Frederick Cromer
Executive VP & CFOless than a yearno datano data
Griselle Molina
VP, Controller & Principal Accounting Officerless than a yearno datano data
DeAnne Gabel
Senior Director of Investor Relationsno datano datano data
Thomas Canfield
Senior VP17.1yrsUS$1.36m0.071%
€ 10.6k
Melinda Grindle
Senior VP & Chief Human Resources Officer2.8yrsUS$1.53m0.014%
€ 2.0k
Rana Ghosh
Senior VP & Chief Transformation Officerno datano datano data
Dana Shapir Alviene
Senior Vice President of Inflight and Airport Experienceless than a yearno datano data
Boris Rogoff
Senior Vice President of Tech Ops & Supply Chainless than a yearno datano data

4.8yrs

Average Tenure

56yo

Average Age

Experienced Management: S64's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Edward Christie
President6.8yrsUS$6.60m0.21%
€ 31.3k
Barclay Jones
Independent Director18.8yrsUS$217.49k0.027%
€ 4.1k
Richard Wallman
Directorless than a yearno data0.0018%
€ 273.4
Mark Dunkerley
Independent Director5.2yrsUS$210.99k0.018%
€ 2.8k
H. Gardner
Independent Non-Executive Chairman14.3yrsUS$299.98k0.042%
€ 6.3k
Christine Richards
Independent Director5.2yrsUS$202.49k0.028%
€ 4.1k
Myrna Soto
Independent Director8.7yrsUS$202.49k0.0097%
€ 1.4k
Robert Johnson
Independent Director14.3yrsUS$222.49k0.023%
€ 3.4k

7.8yrs

Average Tenure

63yo

Average Age

Experienced Board: S64's board of directors are considered experienced (7.8 years average tenure).