Company Also Names Other Key Executive Positions
Republic Airways announced Thursday that David Siegel will join
the Company as CEO, President, and interim Chief Operating Officer
of Frontier Airlines, a wholly owned subsidiary of Republic Airways
Holdings, Inc. Siegel’s appointment is another step towards
the goal of making Frontier Airlines a viable, strong and
independent business. Siegel and the entire Frontier executive team
will be based at Frontier’s headquarters in Denver, CO.
Siegel comes to Frontier with a wealth of relevant CEO
experience. Siegel previously served as CEO of XOJET, gategroup, US
Airways and Avis Budget, in addition to other key leadership roles
in the airline industry. Siegel served as lead independent director
on the Republic Airways (RAH) Board of Directors and will give up
that role, but will remain on the board in this new position.
“Dave is an incredible talent with the skills to lead
Frontier during its separation process from Republic and continue
its transformation into a profitable ultra-low-cost-carrier,”
said Bryan Bedford, Chairman, President and CEO of Republic Airways
Holdings, Inc. “We believe that Dave’s combination of
travel industry and restructuring experience makes him uniquely
well suited for the task at hand. Placing Frontier in Dave’s
capable care affords me the opportunity to fully focus my time and
energy on the regional airline segment of our business.”
Republic also announced the addition of new senior officers for
Frontier’s finance and commercial team, among other changes
in the executive leadership team.
Robert Ashcroft has joined Frontier as Senior Vice President,
Finance. Ashcroft will work closely with Siegel and Bedford in the
project of moving Frontier towards independence, as well as
defining opportunities to ensure profitable growth for the Company.
Ashcroft has an unusually diverse background encompassing finance,
planning and IT. Most recently he was at Allegiant Travel Company
overseeing network and capacity planning, scheduling, pricing and
investor relations.
Daniel Shurz has been promoted to the role of Senior Vice
President, Commercial for Frontier and will have responsibility for
all commercial activities, including network planning, pricing and
revenue management, marketing, product and brand definition. Daniel
joined Frontier as Vice President of Strategy and Planning in
2009.
Greg Aretakis is assuming an expanded role as Vice President of
Network and Revenue Management, adding responsibility for
scheduling and planning, sales and distribution to his current
portfolio. Greg previously served as the Company’s Vice
President of Revenue Production.
Dan Krause has been promoted to Vice President of Marketing and
Customer Experience for Frontier. Dan has been with Frontier since
2004 and most recently served as Senior Director, Commercial
Strategy and Customer Experience.