Thursday, 18 October 2018

Spirit promotes Scott M. Haralson

Super low-cost carrier, Spirit Airlines, announced this week that it had promoted Scott M. Haralson to the position of Senior Vice President and Chief Financial Officer (CFO). Haralson takes over the CFO role from Edward Morgan Christie who was promoted to President earlier this year and will also become Spirit’s Chief Executive Officer from 1st January 2019.  

In this expanded role, Haralson will serve as a key member of the senior leadership team and oversee Treasury, Investor Relations, Accounting, Financial Planning and Analysis, and Corporate Real Estate.

"For the last six years, Scott has made significant contributions in helping Spirit improve its cost structure and grow its relative cost advantage.  Throughout his tenure at Spirit, Scott has been a key leader within the business, increasing the scope and complexity of his role.  I look forward to working with Scott in this expanded role,” said Ted Christie, Spirit’s President.

“Scott’s industry knowledge and experience leading Spirit’s finance department make him well suited to assume the role as CFO,” said Robert Fornaro, Spirit’s outgoing Chief Executive Officer.

“I am honored to accept the position of Chief Financial Officer for Spirit Airlines,” said Scott Haralson.  “I look forward to continuing to work with our team to implement business strategies that add value for all our stakeholders and enhance our industry-leading cost position.”

Haralson joined Spirit in 2012 as its Vice President Financial Planning and Analysis.  He began his professional career in corporate banking working primarily on structured finance deals.  Haralson began his airline career at America West Airlines (and what would become US Airways) where he served in a variety of roles of increasing responsibility. He has also held financial management positions with Frontier Airlines, Swift Aviation, and Dish Network. 

(Photos Spirit)