Frontier Group Holdings Announces Executive and Board Changes
Ticker: ULCC · Form: 8-K · Filed: Nov 1, 2024 · CIK: 1670076
Sentiment: neutral
Topics: executive-changes, board-changes, governance
Related Tickers: ULCC
TL;DR
Frontier Group Holdings (ULCC) shakes up exec team & board on 10/28. Watch for strategy shifts.
AI Summary
Frontier Group Holdings, Inc. announced on October 28, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific names and dollar amounts related to these changes are not detailed in this initial summary but are expected within the full filing.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.
Key Numbers
- 001-40304 — SEC File Number (Identifier for Frontier Group Holdings' filings)
- 46-3681866 — IRS Employer Identification No. (Tax identification for Frontier Group Holdings)
Key Players & Entities
- Frontier Group Holdings, Inc. (company) — Registrant
- October 28, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Denver, CO (location) — Principal executive offices location
FAQ
What specific roles have been affected by the departures of officers or directors?
The filing indicates the departure of certain officers and directors, but the specific roles are not detailed in the provided summary.
Who are the newly elected directors?
The filing mentions the election of directors, but their names are not specified in the provided summary.
Are there any changes to the company's compensatory arrangements?
Yes, the filing notes updates to the compensatory arrangements of certain officers.
What is the exact date of the earliest event reported in this 8-K?
The earliest event reported is dated October 28, 2024.
Where is Frontier Group Holdings, Inc. incorporated?
Frontier Group Holdings, Inc. is incorporated in Delaware.
Filing Stats: 423 words · 2 min read · ~1 pages · Grade level 12.3 · Accepted 2024-11-01 16:01:00
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share ULCC The Nasdaq Sto
Filing Documents
- fron-20241028.htm (8-K) — 23KB
- 0001670076-24-000159.txt ( ) — 142KB
- fron-20241028.xsd (EX-101.SCH) — 2KB
- fron-20241028_lab.xml (EX-101.LAB) — 21KB
- fron-20241028_pre.xml (EX-101.PRE) — 12KB
- fron-20241028_htm.xml (XML) — 3KB
From the Filing
fron-20241028 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K ___________________________________ CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 28, 2024 ___________________________________ Frontier Group Holdings, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware 001-40304 46-3681866 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 4545 Airport Way Denver , CO 80239 ( 720 ) 374-4550 ( Address of principal executive offices, including zip code, and Registrant's telephone number, including area code ) ___________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.001 par value per share ULCC The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Named Executive Officer On October 28, 2024, Rajat Khanna notified Frontier Group Holdings, Inc. ("the Company"), the parent company of Frontier Airlines, Inc., of his resignation as Senior Vice President and Chief Information Officer of the Company, effective November 3, 2024, in order to pursue another opportunity. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRONTIER GROUP HOLDINGS, INC. Date: November 1, 2024 By: /s/ Howard M. Diamond Howard M. Diamond Executive Vice President, Legal and Corporate Affairs