8-K
filed September 18, 2024, 7:59 PM ET
CIK 0001172222
M&A
confidence high
sentiment positive
materiality 1.00
Alaska Air Group completes acquisition of Hawaiian Holdings for $1.0 billion
HAWAIIAN HOLDINGS INC
- Merger completed on Sept 18, 2024; each share of Hawaiian converted into $18.00 cash, total consideration ~$1.0 billion.
- Hawaiian common stock delisted from Nasdaq prior to market open on closing date.
- Directors Wendy Beck, Earl Fry, and others ceased; Joseph Sprague appointed CEO and President of Hawaiian.
- Hawaiian becomes wholly owned subsidiary of Alaska Air Group; amended charter and bylaws effective.
- Alaska expects at least $235 million in annual synergies and mid-teens ROIC by year three.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Peter Ingram departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph Sprague was appointed as Chief Executive Officer and President at HAWAIIAN HOLDINGS INC.
- Action
- appointed
- Role
- Chief Executive Officer and President
Exact text from the filing
Mr. Sprague was appointed to serve as Chief Executive Officer and President of Hawaiian.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Craig Vosburg departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Earl Fry departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jayne Hrdlicka departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard Zwern departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lawrence Hershfield departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Shannon Okinaka resigned as other_named_officer at HAWAIIAN HOLDINGS INC.
- Action
- resigned
Exact text from the filing
Peter Ingram, Aaron Alter and Shannon Okinaka resigned from their positions as officers of Hawaiian.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Crystal Rose departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Wendy Beck departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Aaron Alter resigned as other_named_officer at HAWAIIAN HOLDINGS INC.
- Action
- resigned
Exact text from the filing
Peter Ingram, Aaron Alter and Shannon Okinaka resigned from their positions as officers of Hawaiian.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph Sprague was appointed as Director at HAWAIIAN HOLDINGS INC.
- Action
- appointed
- Role
- Director
Exact text from the filing
Joseph Sprague, Diana Rakow, Andrea Schneider, and Eric Yeaman were appointed as members of Hawaiian’s Board of Directors to serve until the earlier of their death, resignation or removal or until their respective successors are duly elected and qualified.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael McNamara departed as Director at HAWAIIAN HOLDINGS INC.
- Action
- ceased
- Role
- Director
Exact text from the filing
Wendy Beck, Earl Fry, Lawrence Hershfield, Jayne Hrdlicka, Peter Ingram, Michael McNamara, Crystal Rose, Craig Vosburg and Richard Zwern, each of whom was a director of Hawaiian as of immediately prior to the Effective Time, ceased to be a director of Hawaiian and a member of any committee of Hawaiian’s Board of Directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Eric Yeaman was appointed as Director at HAWAIIAN HOLDINGS INC.
- Action
- appointed
- Role
- Director
Exact text from the filing
Joseph Sprague, Diana Rakow, Andrea Schneider, and Eric Yeaman were appointed as members of Hawaiian’s Board of Directors to serve until the earlier of their death, resignation or removal or until their respective successors are duly elected and qualified.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Diana Rakow was appointed as Director at HAWAIIAN HOLDINGS INC.
- Action
- appointed
- Role
- Director
Exact text from the filing
Joseph Sprague, Diana Rakow, Andrea Schneider, and Eric Yeaman were appointed as members of Hawaiian’s Board of Directors to serve until the earlier of their death, resignation or removal or until their respective successors are duly elected and qualified.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
Peter Ingram resigned as other_named_officer at HAWAIIAN HOLDINGS INC.
- Action
- resigned
Exact text from the filing
Peter Ingram, Aaron Alter and Shannon Okinaka resigned from their positions as officers of Hawaiian.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrea Schneider was appointed as Director at HAWAIIAN HOLDINGS INC.
- Action
- appointed
- Role
- Director
Exact text from the filing
Joseph Sprague, Diana Rakow, Andrea Schneider, and Eric Yeaman were appointed as members of Hawaiian’s Board of Directors to serve until the earlier of their death, resignation or removal or until their respective successors are duly elected and qualified.
View on SEC.gov
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