Frontier Group Holdings, Inc. Announces New Board Member

Rhea-AI Summary

Frontier Group Holdings, parent of Frontier Airlines (NASDAQ: ULCC), announced the appointment of Nancy L. Lipson to its Board of Directors on June 25, 2024. William A. Franke, chairman of Frontier Group Holdings, highlighted Lipson's extensive experience in the corporate legal field and her valuable contributions in other vital areas. Lipson previously served as EVP and Chief Legal Officer at Newmont , a leading gold mining company, where she advised the Board's compensation committee and developed expertise in sustainability, strategy, and compliance. She has also held legal roles at USWest/Qwest and Sports Authority and served on the boards of various non-profit organizations. Lipson holds degrees from Colorado College and the University of California, San Francisco.

Positive

• Appointment of Nancy L. Lipson to the Board could bring in extensive corporate legal expertise.
• Lipson's experience in sustainability and corporate strategy could positively impact Frontier's operations.
• Track record includes serving as EVP and Chief Legal Officer at Newmont

Negative

• None.

DENVER, June 25, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., today announced the appointment of Nancy L. Lipson to the company's Board of Directors.

"We are very pleased to have Ms. Lipson join the Frontier Board of Directors," said William A. Franke, chairman of Frontier Group Holdings, Inc. "Her extensive experience in the corporate legal arena, along with a variety of other key disciplines of great importance to our organization, will be of tremendous benefit. Her contributions and experience gained through Board positions in the non-profit sector are greatly valued, as well."  

Ms. Lipson served as Executive Vice President and Chief Legal Officer of Newmont Corporation, the world's largest gold mining company and significant producer of copper, silver, lead, and zinc, until June of 2023. While at Newmont, Ms. Lipson was a central advisor and corporate secretary to the compensation committee of the Board. She also developed deep expertise in the areas of sustainability, corporate strategy, business integrity and compliance. Prior to Newmont, Ms. Lipson held corporate legal roles at companies including USWest/Qwest and Sports Authority, as well as serving as a commercial litigator in private practice.

For six years, Ms. Lipson served on the Board of Trustees of the Colorado Legal Aid Foundation, as well as the Board of Denver CASA (Court Appointment Special Advocates). In 2018, she was named one of Colorado's Most Powerful Women by the Colorado Women's Chamber of Commerce.

Ms. Lipson is a Cum Laude graduate of Colorado College and received her law degree from the University of California, San Francisco.

About Frontier Airlines

Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), is committed to "Low Fares Done Right." Headquartered in Denver, Colorado, the company operates 147 A320 family aircraft and has the largest A320neo family fleet in the U.S. The use of these aircraft, along with Frontier's high-density seating configuration and weight-saving initiatives, have contributed to Frontier's continued ability to be the most fuel-efficient of all major U.S. carriers when measured by available seat miles (ASMs) per fuel gallon consumed. With approximately 200 new Airbus planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America.

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SOURCE Frontier Group Holdings, Inc.

FAQ

Who was appointed to the board of Frontier Group Holdings?

Nancy L. Lipson was appointed to the board of Frontier Group Holdings on June 25, 2024.

What is the stock symbol for Frontier Group Holdings?

The stock symbol for Frontier Group Holdings is NASDAQ: ULCC.

What experience does Nancy L. Lipson bring to Frontier Group Holdings?

Nancy L. Lipson brings extensive corporate legal experience, having served as EVP and Chief Legal Officer at Newmont and held legal roles at USWest/Qwest and Sports Authority.

How might Nancy L. Lipson's appointment impact Frontier Group Holdings?

Her expertise in sustainability, corporate strategy, and business integrity could positively influence Frontier's operations.

What are some of Nancy L. Lipson's past roles?

Nancy L. Lipson has served as EVP and Chief Legal Officer at Newmont and held corporate legal roles at USWest/Qwest and Sports Authority.

What are Nancy L. Lipson's educational qualifications?

She is a Cum Laude graduate of Colorado College and holds a law degree from the University of California, San Francisco.