Spirit Airlines appoints Dave Davis as President and CEO effective April 21, 2025

Spirit Aviation Holdings, Inc.

Base salary $950k, target bonus 125% of base, sign-on cash bonus $4M (two installments), retention bonus $4M vesting in 5 years.
Receives inducement award of 403,226 RSUs plus initial award of 403,226 time-based RSUs and 403,226 PSUs tied to equity growth.
Board adopted 2025 Incentive Award Plan authorizing 4,032,258 shares for equity awards to employees and directors.
Also appoints Duncan Dee as SVP Corporate Communications and Trey Urbahn as Senior Commercial Advisor.
Davis joins from Sun Country Airlines where he served as President and CFO since 2018.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

David Davis

President and Chief Executive Officer

FLYYQ · Spirit Aviation Holdings, Inc.

Effective: 2025-04-21
Filed: April 17, 2025, 7:59 PM ET

On April 17, 2025, Spirit Aviation Holdings, Inc. (“Spirit” or the “Company”) announced the appointment of David Davis as President, Chief Executive Officer of the Company and as a member of the Board of Directors of the Company (the “Board”), in each case to be effective April 21, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Davis was appointed as President and Chief Executive Officer at Spirit Aviation Holdings, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On April 17, 2025, Spirit Aviation Holdings, Inc. (“Spirit” or the “Company”) announced the appointment of David Davis as President, Chief Executive Officer of the Company and as a member of the Board of Directors of the Company (the “Board”), in each case to be effective April 21, 2025.

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Spirit Aviation Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950103-25-004985

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