Spirit Airlines (SAVE) Appoints Interim Chief Financial Officer

Company Leadership Changes - Spirit Airlines has appointed Brian McMenamy as the interim chief financial officer (CFO), effective June 14, 2024, succeeding Scott Haralson, who has served for nearly 11 years [1] - Scott Haralson will remain in his role until June 14, 2024, before transitioning to a CFO position at a larger publicly traded company outside the airline industry [1][2] Executive Background - Brian McMenamy has nearly 40 years of financial expertise in the airline industry, having joined Spirit Airlines in 2017 after a 33-year tenure at American Airlines in various finance roles [2][3] Financial Outlook - Spirit Airlines anticipates cost-saving initiatives to enhance 2024 performance by over $75 million, with annualized run-rate savings estimated at over $100 million [3]