LAS VEGAS (June 6, 2013) – Allegiant Travel Company (NASDAQ: ALGT) today announced the retirement of Kris Bauer, Senior Vice President of Operations. Mr. Bauer will officially step down September 1, but will continue to work for Allegiant in a part time role on special projects, allowing him to be removed from day-to-day operations but still be involved with the company’s strategic planning and high-level execution.
“Despite our best efforts to convince him otherwise, Kris has decided that this is the right time for him to step down and enjoy an early retirement,” said Andrew C. Levy, Allegiant President. “We are grateful for his many contributions and look forward to his continued contributions in his new role.”
During Mr. Bauer’s three year tenure at Allegiant, the company went from an average fleet of 48 aircraft serving 138 routes to an average fleet of 63 aircraft serving 198 routes. His leadership, drive and vision allowed the company to scale its operations to successfully meet the company’s growth and position it for future success.
Mr. Bauer’s accomplishments at Allegiant have been widespread and impactful. He has developed a team that has successfully completed the 166 seat conversion of the company’s MD-80 fleet, obtained ETOPS certification that allowed the company to open up new markets in Hawaii, brought both the 757 and A320 aircraft family onto Allegiant’s operating certificate, and successfully introduced those aircraft types into Allegiant’s operation in addition to dozens of other initiatives that have helped improve operations.
“Kris has been a leader and true change agent,” said Maurice J. Gallagher, Jr., Chairman and CEO of Allegiant Travel Company. “Scaling an airline’s operations is no easy task. Kris has given us the foundation – in personnel and processes – from which we can continue to grow safely and profitably.”
No replacement has been named. The company has retained an international executive search firm to identify a replacement. Kris will also actively participate in finding a successor.