CFO Peter Hunt Leaving Pinnacle Airlines | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Oshkosh Day One

Oshkosh Day Two

Oshkosh Day Three

Airborne 07.21.16

Airborne 07.22.16

Airborne Hi-Def On YouTube

Oshkosh Day One

Oshkosh Day Two

Oshkosh Day Three

Airborne 07.21.16

Airborne 07.22.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

 

Fri, Jun 03, 2011

CFO Peter Hunt Leaving Pinnacle Airlines

Takes Nearly Identical Job With Virgin America

Pinnacle Airlines Corp. said Thursday that Vice President and CFO Peter D. Hunt is leaving the company to become Senior Vice President and Chief Financial Officer of Virgin America Airlines in San Francisco. His last day at Pinnacle will be June 15.

"This was a difficult decision," Hunt said. "I love working at Pinnacle and am very proud of the success we achieved and how we met the challenges that are inherent in the airline industry. I have confidence in Pinnacle, its people and its future growth prospects, and am proud to have been part of shaping that legacy."

Pinnacle Board of Directors Chairman and Interim CEO Donald J. Breeding said the Board will begin an immediate search for Hunt's replacement in consultation with Sean Menke, who will become Pinnacle's Chief Executive Officer on July 1. "The CFO plays a vital role on any CEO's team, particularly during a time of change and transition," said Breeding.  "We view this as an opportunity to bring in another strong CFO who will help us take full advantage of our strong financial position."

"Peter is a key reason Pinnacle has bright prospects for long-term growth. He is an exceptionally talented executive and while we will certainly miss him, we wish him continued success."

"Peter brings strong financial expertise to the Company, specifically in leading a growing airline as it prepares to enter the public markets.  His experience and talent will be invaluable in shaping and leading our Company in the years ahead," said David Cush, President and Chief Executive Officer of Virgin America.  "We're pleased to welcome Peter to the team, and know he will play a critical role at this stage of our growth and development."  Hunt will oversee the growing airline's financial operations, including treasury, tax, financial planning and analysis, accounting, external financial reporting, budgets, procurement and fleet planning.

Hunt joined Pinnacle in December 2004. During his tenure, he helped guide the acquisition of two regional airlines that presently serve three of the world's largest major air carriers. In 2010, Pinnacle earned revenues of more than $1 billion with a fleet of nearly 300 aircraft as one of the largest and most versatile regional airlines in the world.

FMI: www.pncl.com, www.virginamerica.com
 

Advertisement

More News

Airborne 07.26.16-Oshkosh Day 2: Solar Impulse, Sun Flyer, Stemme S-12

Also: AEA $$Giveaway$$, LAM Aviation, Able Flight, Jack Pelton On Aero-Medical Reform We start our report this morning with something that has very little to do with the EAA AirVen>[...]

ONE Aviation Provides Singular Support For Coverage of AirVenture 2016!

ONE Aviation: Let’s Fly Together ONE Aviation delivers innovative access to general aviation by bringing together a line of products suited to the missions and budgets of ind>[...]

It's ALIVE! 2016 AirVenture Innovation Preview Program Debuting RIGHT NOW!

Get The EARLY Inside Details On THE Most Exciting NEW Innovations And Product Announcements From OSHKOSH... The staff of EAA and the Aero-News Network are pleased to announce that >[...]

Only Sporty's!!! Sporty's Pilot Shop Helps ANN Cover Oshkosh 2016!

Sporty's Pilot Shop Is A Pivotal GA Resource! Sporty’s Pilot Shop was founded over 50 years ago by a flight instructor, and ever since has been for pilots and by pilots. Hal >[...]

Aspen Avionics, True Innovators, Present OSH2016 Special Event Coverage!

OSH2016 Sponsor: Always-Innovative Aspen Avionics Based in Albuquerque, New Mexico, Aspen Avionics specializes in bringing the most advanced display and sensor technology from the >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC