Spirit CEO Gets $2.92m Retention Award Amid Bankruptcy Filing

Spirit Aviation entered into a $2.918 million retention award agreement with CEO David Davis following the company’s announcement that it filed for Chapter 11 bankruptcy in New York.

• CFO Frederick Cromer retention award $1.185M
• EVP Thomas Canfield retention award $1.082 million
• COO John Bendoraitis retention award $1.132 million
• NOTE: Spirit Airlines Tumbles After Filing Second Bankruptcy in a Year
• NOTE: Spirit Airlines Chapter 11 Filing Could Aid Peers’ Yields: React

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