Spirit Air’s Ex-CEO Walks Away With $1 Million and Free Flights for Life
Photo Credit: A Spirit plane on the tarmac. Spirit Airlines
Skift Take
No-frills extends to golden parachutes on this low-cost carrier. For Baldanza’s next CEO gig, he should either bankrupt a legacy carrier or get involved in a state-wide corruption probe and he can walk away with much, much more.
Ben Baldanza resigned his position as Spirit Airlines CEO and also his board position on January 4.
His separation agreement with the airline was revealed Friday evening in an SEC filing by the company.
Baldanza will
