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 MX$3.22M. 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 percentage | 11.3% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.8yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$827m |
| Jun 30 2024 | n/a | n/a | -US$677m |
| Mar 31 2024 | n/a | n/a | -US$486m |
| Dec 31 2023 | US$7m | US$746k | -US$447m |
| Sep 30 2023 | n/a | n/a | -US$534m |
| Jun 30 2023 | n/a | n/a | -US$413m |
| Mar 31 2023 | n/a | n/a | -US$463m |
| Dec 31 2022 | US$3m | US$700k | -US$554m |
| Sep 30 2022 | n/a | n/a | -US$371m |
| Jun 30 2022 | n/a | n/a | -US$319m |
| Mar 31 2022 | n/a | n/a | -US$555m |
| Dec 31 2021 | US$4m | US$700k | -US$473m |
| Sep 30 2021 | n/a | n/a | -US$543m |
| Jun 30 2021 | n/a | n/a | -US$657m |
| Mar 31 2021 | n/a | n/a | -US$513m |
| Dec 31 2020 | US$3m | US$639k | -US$429m |
| Sep 30 2020 | n/a | n/a | -US$190m |
| Jun 30 2020 | n/a | n/a | -US$8m |
| Mar 31 2020 | n/a | n/a | US$251m |
| Dec 31 2019 | US$3m | US$700k | US$335m |
| Sep 30 2019 | n/a | n/a | US$346m |
| Jun 30 2019 | n/a | n/a | US$360m |
| Mar 31 2019 | n/a | n/a | US$257m |
| Dec 31 2018 | US$6m | US$544k | US$156m |
| Sep 30 2018 | n/a | n/a | US$311m |
| Jun 30 2018 | n/a | n/a | US$273m |
| Mar 31 2018 | n/a | n/a | US$339m |
| Dec 31 2017 | US$1m | US$396k | US$416m |
Compensation vs Market: Ted's total compensation ($USD6.60M) is above average for companies of similar size in the MX market ($USD191.94K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$6.60m | 0.21% MX$ 3.2m | |
| Executive VP & COO | 11.1yrs | US$3.10m | 0.069% MX$ 1.1m | |
| Senior VP & Chief Information Officer | 8.2yrs | US$2.21m | 0.031% MX$ 475.3k | |
| Executive VP & Chief Commercial Officer | 8.3yrs | US$2.88m | 0.063% MX$ 964.3k | |
| Executive VP & CFO | less than a year | no data | no data | |
| VP, Controller & Principal Accounting Officer | less than a year | no data | no data | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Senior VP | 17.1yrs | US$1.36m | 0.071% MX$ 1.1m | |
| Senior VP & Chief Human Resources Officer | 2.8yrs | US$1.53m | 0.014% MX$ 211.0k | |
| Senior VP & Chief Transformation Officer | no data | no data | no data | |
| Senior Vice President of Inflight and Airport Experience | less than a year | no data | no data | |
| Senior Vice President of Tech Ops & Supply Chain | less than a year | no data | no data |
4.8yrs
Average Tenure
56yo
Average Age
Experienced Management: SAVE *'s management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$6.60m | 0.21% MX$ 3.2m | |
| Independent Director | 18.8yrs | US$217.49k | 0.027% MX$ 417.0k | |
| Director | less than a year | no data | 0.0018% MX$ 28.1k | |
| Independent Director | 5.2yrs | US$210.99k | 0.018% MX$ 283.9k | |
| Independent Non-Executive Chairman | 14.3yrs | US$299.98k | 0.042% MX$ 650.3k | |
| Independent Director | 5.2yrs | US$202.49k | 0.028% MX$ 424.3k | |
| Independent Director | 8.7yrs | US$202.49k | 0.0097% MX$ 148.4k | |
| Independent Director | 14.3yrs | US$222.49k | 0.023% MX$ 347.3k |
7.8yrs
Average Tenure
63yo
Average Age
Experienced Board: SAVE *'s board of directors are considered experienced (7.8 years average tenure).