D. Scott Sheldon AND Gregory C. Anderson to take on new roles as Presidents of the Allegiant Travel Company
LAS VEGAS, July 28, 2022 /PRNewswire/ — Allegiant Travel Company (NASDAQ: ALGT) announced today that D. Scott Sheldonthe company’s executive vice president and chief operating officer, and Gregory C. Andersonexecutive vice president and chief financial officer, will assume new roles as presidents of Allegiant Travel Company.
effective August 1, Sheldon’s new title will be president and chief operating officer and Anderson will be president and chief financial officer. They will continue to report to John Redmondchief executive officer of Allegiant.
“I couldn’t be more excited to announce these promotions,” said Redmond. “Scott and Greg are truly the dynamic duo – consummate professionals who know Allegiant’s business inside and out. This announcement is a product of their hard work as well as recognition of their individual contributions and talents. As CEO, it’s my job to retain talent and protect the future of the company – and these promotions go a long way toward achieving both goals. I have the utmost confidence in their abilities and firmly believe this change will benefit Allegiant in many ways.”
Redmond also noted that while the decision to have two company presidents is unique, it makes sense given Sheldon and Anderson’s cohesiveness as a team, their respective strengths, and the current workload the company faces — as in twelve in the coming months the company will add a new type of fleet, operate the company’s first joint venture with its partner VivaAerobus and open the world-class Sunseeker Resort in Port Charlotte, Florida.
“When I joined Allegiant 18 years ago, it almost felt experimental — we were still trying something new, serving small cities, offering low fares and an unbundled product,” Sheldon said. “This approach has really resonated with our clients and we have been extremely successful as a result. I am grateful to John – for his leadership, mentorship and belief in me and this team. Working side by side with Greg for nearly two decades , I can honestly say that I couldn’t be happier to continue this wonderful experiment with Greg, and I’m looking forward to the next two decades and beyond.”
“I am excited and humbled to take on this new challenge,” said Anderson. “Scott and I have worked together for a long time – we know each other very well and there is no one else I would rather share this responsibility with. I believe that together, we are greater than the sum of our parts, and that’s as true for the president’s role as it is for the entire company. I’m very excited to see what this leadership team can do.”
Sheldon has served as Allegiant’s chief operating officer since 2017. He joined Allegiant in 2004 as director of accounting and served as chief accounting officer from 2007 to 2010. He was also chief financial officer from 2010 to 2019.
Anderson joined Allegiant’s accounting department in 2010. During his tenure, Anderson has held several leadership roles at the company, including senior vice president – treasury and chief accounting officer. Anderson was named chief financial officer in 2019. Prior to joining Allegiant, he worked in corporate accounting for US Airways.
Allegiant – Together We Fly™
Las Vegas(NASDAQ: ALGT)-based Allegiant is an integrated travel company with an airline at its heart, focused on connecting customers to the people, places and experiences that matter most. Since 1999, Allegiant Air has connected small- and mid-sized city travelers to world-class vacation destinations with all-inclusive nonstop flights and industry-low average fares. Today, Allegiant’s fleet serves communities across the country, with base fares less than half the cost of the average domestic round-trip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF
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SOURCE Allegiant Travel Company
