Frontier Group Holdings, Inc. Announces New Board Member

Rhea-AI Summary

Frontier Group Holdings, Inc. announced the appointment of Ofelia Kumpf to its Board of Directors. William A. Franke, chairman, expressed enthusiasm for her extensive experience in leadership and strategic planning, recognizing her customer-centric growth strategies. Kumpf holds key positions at McDonald's USA and serves on various non-profit boards, enhancing her board profile. Frontier Airlines, operating over 100 A320 family aircraft, is noted for its fuel efficiency and has substantial growth plans with 150 new Airbus planes on order.

Positive

• Appointment of Ofelia Kumpf to the Board of Directors may provide fresh perspectives and strong leadership.
• Kumpf's extensive experience in strategic planning and customer-centric strategies supports potential growth.

Negative

• Concerns may arise regarding continuity and experience gaps due to the recent appointment.

DENVER, July 20, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today announced the appointment of Ofelia Kumpf to the company’s Board of Directors.

“We are delighted to have Ms. Kumpf join the Frontier Board of Directors,” said William A. Franke, chairman of Frontier Group Holdings, Inc. “Her experience and demonstrated professional leadership, strategic planning and customer-centric growth strategies, make her an excellent addition to our Board. Ms. Kumpf also brings significant non-profit board expertise to her new role.”

Ms. Kumpf is currently Field Vice President, Long Beach Field Office for McDonald’s USA, LLC. Prior to that she served as Vice President and General Manager, Southern California Region for McDonald’s and has held a variety of other leadership positions with that company since joining in 1992. Ms. Kumpf currently serves on the boards of trustees of Southern California Public Radio and Ronald McDonald House Charities of Southern California. She previously served on the board of directors of the Latino Donor Collaborative. Ms. Kumpf holds a B.S. from the University of Phoenix and an M.B.A. from the University of Southern California, Marshall School of Business.

About Frontier Airlines
Frontier Airlines (NASDAQ: ULCC) is committed to “Low Fares Done Right.” Headquartered in Denver, Colorado, the company operates more than 100 A320 family aircraft and has the largest A320neo fleet in the U.S. The use of these aircraft, Frontier’s seating configuration, weight-saving tactics and baggage process have all contributed to the airline’s average of 43 percent fuel savings compared to other U.S. airlines (fuel savings is based on Frontier Airlines’ 2019 fuel consumption per seat-mile compared to the weighted average of major U.S. airlines), which makes Frontier the most fuel-efficient U.S. airline. With approximately 150 new Airbus planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America.

FAQ

What is the significance of Ofelia Kumpf's appointment to Frontier Airlines' Board of Directors?

Ofelia Kumpf brings valuable experience in leadership and strategic planning, which may enhance the company's growth strategies.

How does Ofelia Kumpf's background benefit Frontier Group Holdings, Inc.?

Her extensive background in customer-centric growth at McDonald's USA may improve Frontier's strategic initiatives.

What impact might Kumpf's appointment have on ULCC stock?

Her experience could positively influence strategic decision-making, potentially boosting investor confidence in ULCC.

When was Ofelia Kumpf appointed to the Board of Directors of Frontier Group Holdings, Inc.?

Ofelia Kumpf was appointed on July 20, 2021.