Allegiant Travel (ALGT) “announced several senior leadership promotions that strengthen organizational depth and position the company for long-term success as it enters a pivotal next phase, including the establishment of an Integration Management Office. The promotions include Michael Broderick as Senior Vice President & Chief Integration Officer, Rebecca Aretos as Senior Vice President, Finance & Chief Accounting Officer, and Asad Shaikh as Senior Vice President, Corporate Finance & Treasurer. The newly established IMO will report to Allegiant’s CEO, Gregory C. Anderson, and coordinate integration planning and execution related to Allegiant’s proposed acquisition of Sun Country. Allegiant and Sun Country will continue to operate as separate companies until the transaction closes and all required approvals are obtained.”
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALGT:
- Midday Fly By: Alphabet hits $4T market cap, Walmart to join Nasdaq-100
- Allegiant Travel to Acquire Sun Country in Merger
- Allegiant Travel price target raised to $95 from $60 at Barclays
- M&A News: Sun Country Stock (SNCY) Soars on News of $1.5B Acquisition by Allegiant Travel
- Allegiant acquires Sun Country for $18.89 per share in cash and stock
