ALLEGIANT ANNOUNCES THE RESIGNATION OF SCOTT SHELDON PRESIDENT AND CHIEF OPERATING OFFICER

Rhea-AI Summary

Allegiant Travel Company (NASDAQ: ALGT) announced the resignation of President and COO Scott Sheldon, effective April 1, 2023. Following his departure, Greg Anderson will remain as President and oversee operational teams, while Keny Wilper will serve as interim COO. CEO John Redmond praised Sheldon for his significant contributions to the company. Sheldon expressed confidence in the current management team and noted the company's readiness for growth. Wilper has been with Allegiant since 2002 and has played a key role in operations and the development of the airline's ancillary inflight program.

Positive

• Greg Anderson's continued leadership may ensure stability.
• Keny Wilper's extensive operational experience could benefit the company.
• Sheldon's departure is viewed positively as a move towards new entrepreneurial opportunities, allowing Allegiant to build on its existing strengths.

Negative

• Sheldon's resignation may create concerns about continuity in leadership.
• His exit could lead to experience gaps at the executive level.

LAS VEGAS, Jan. 27, 2023 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced that its Board of Directors has accepted the resignation of its President and Chief Operating Officer, Scott Sheldon, effective April 1, 2023.

Greg Anderson will continue to serve as President and will assume oversight of the company's operational teams.  Keny Wilper, Allegiant's Senior Vice President of OCC and Stations, will assume the role of interim Chief Operating Officer.

"I am incredibly proud of the work Scott has done throughout his tenure here at Allegiant," said John Redmond, Allegiant's Chief Executive Officer.  "His influence, leadership, and guidance permeated all levels of the organization, and the company would not be where it is today without his contributions.  I want to thank him for his many years of service.  I speak for all of Allegiant when I say Scott's voice will be missed within the halls and walls of our company and that we wish him the absolute best in all his future endeavors."

"After careful deliberation, I believe now is the right time to move on from Allegiant and pursue more entrepreneurial opportunities," said Sheldon. "The company is stacked with some of the best and brightest talent in the industry and I'm confident the current management team will build on the strong foundations in place and guide Allegiant to its best days.  I feel comfortable leaving at a time when the company is poised for growth and remains under steady leadership with John and Greg at the helm.  The Allegiant future remains bright, and I look forward to continuing to support the company's leadership team any way I can, even as I take the next step in my career."

Mr. Wilper has been with Allegiant since 2002 and has held numerous operational roles within the company.  He helped develop the airline's first-ever ancillary inflight program, which has been a cornerstone of Allegiant's business model.  Throughout his career, he has held critical roles in operations and was promoted to Vice President, Stations, in 2015 where he had operational responsibility for Allegiant's 100+ airports, as well as the thousands of employees and contractors serving those airports.  In 2022, his role expanded to include oversight of Allegiant's Operational Control Center. 

Allegiant – Together We Fly™

Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF

Media Contact

Allegiant Media Relations
702-800-2020
mediarelations@allegiantair.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-announces-the-resignation-of-scott-sheldon-president-and-chief-operating-officer-301732773.html

SOURCE Allegiant Travel Company

FAQ

What led to Scott Sheldon's resignation from Allegiant?

Scott Sheldon resigned to pursue entrepreneurial opportunities, believing it was the right time for him to move on.

Who will replace Scott Sheldon as COO at Allegiant?

Keny Wilper will serve as interim Chief Operating Officer following Scott Sheldon's resignation.

What impact does Scott Sheldon's departure have on Allegiant?

While Sheldon’s departure raises concerns about continuity, the management team remains confident in its ability to guide Allegiant forward.

When is Scott Sheldon's last day at Allegiant?

Scott Sheldon’s resignation is effective April 1, 2023.

How long has Keny Wilper been with Allegiant?

Keny Wilper has been with Allegiant since 2002 and has held multiple operational roles.