Ted Christie is the President and CEO of Spirit Airlines, taking the helm in what has been a crucial period for the airline industry. Born in 1981, he holds a degree in finance from the University of Michigan, and his...

Ted Christie is the President and CEO of Spirit Airlines, taking the helm in what has been a crucial period for the airline industry. Born in 1981, he holds a degree in finance from the University of Michigan, and his background includes significant leadership roles in aviation. Before joining Spirit, he worked at Pinnacle Airlines and Frontier Airlines, where he gained experience in financial management. Christie became CFO at Spirit in 2012 and was appointed CEO in 2019, leading the company through various challenges. In 2023, he earned a total compensation package of $601,404, which includes a large bonus linked to company performance amidst significant operational changes. Interestingly, his personal investments in Spirit Airlines have varied, peaking at over $7 million in 2020. This indicates his strong alignment with the company's future and his commitment to its success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Spirit Airlines CEOs

S

Ted Christie

CEO of Spirit Airlines

Education

Bachelor's degree from the University of Michigan

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1981 - 44 years ago

CEO of Spirit Airlines for

3 years 4 months (Jan 2022 - Present)

Previous Experience

Chief Financial Officer of Spirit Airlines, Inc.

Rivals

Competitors/colleagues of Ted Christie

Holdings

See how much did Ted Christie make over time.

Over the years, Ted Christie has actively traded shares in Spirit Airlines. His holdings peaked in early 2020, reaching a notable $7.23 million in January, indicating a substantial investment confidence during a challenging time. However, the value of his holdings...

Over the years, Ted Christie has actively traded shares in Spirit Airlines. His holdings peaked in early 2020, reaching a notable $7.23 million in January, indicating a substantial investment confidence during a challenging time. However, the value of his holdings fluctuated significantly as the market responded to various external factors, with his holdings decreasing to around $1.88 million by February 2024. This fluctuation reflects his adaptive strategy, showcasing his keen awareness of market conditions and his dedication to managing risk effectively.

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Total Stock Sold

$1.32M

SAVE

$1.32M

24,000 SAVE shares

What if they kept their stock?

If Ted Christie didn't sell their stock, today they would have:
Extra SAVE24,000 shares worth $397.92K.
This is -69.81% and $920.32K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Ted Christie.

SAVE

$12.97K

SAVE at $5.76/share

Mar 4, 2024

Received

SAVE

$169.25K

SAVE at $16.40/share

Dec 28, 2023

Received

SAVE

$151.24K

SAVE at $17.58/share

Apr 3, 2023

Received

SAVE

$38.41K

SAVE at $16.36/share

Mar 6, 2023

Received

SAVE

66,210 shares

SAVE

Jan 30, 2023

Received

SAVE

$92.29K

SAVE at $19.64/share

Dec 29, 2022

Received

SAVE

2,832 shares

SAVE

Mar 7, 2022

Received

SAVE

26,913 shares

SAVE

Jan 13, 2022

Received

SAVE

3,330 shares

SAVE

Mar 9, 2021

Received

SAVE

47,694 shares

SAVE

Jan 13, 2021

Received

Compensation History

See how much did Ted Christie make over time.

In 2023, Ted Christie received a total compensation of $601,404 from Spirit Airlines. His earnings comprised a salary of $745,833, along with bonuses that included a one-time award related to corporate performance during the JetBlue merger discussions. Notably, he received no stock grants or options that year, focusing instead on cash compensation that aligns with immediate results and performance metrics. For 2022, his total compensation was significantly higher at $3,189,180, demonstrating the variation in earnings based on corporate milestones and strategic achievements. This shift highlights the dynamic nature of executive compensation in response to operational and financial performance.

Year

2023

Total Compensation

$2.55M

Salary

$745.83K

Board Justification

The compensation philosophy aims to attract and retain high-performing executives, aligning their interests with company performance and shareholder value.

Bonus

$1.77M

Board Justification

The bonus includes a one-time partial retention award paid in connection with the termination of the Frontier Merger Agreement and the JetBlue Merger.

Other

$36.64K

Board Justification

Includes 401(k) contributions, health and welfare benefits, and travel benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023 as the focus is on cash compensation and performance-based incentives.

Performance Metrics

Performance metrics include financial and operational metrics, with a focus on achieving specific corporate goals.

Other Spirit Airlines CEOs

Here are other CEOs of Spirit Airlines

Robert L. Fornaro

Ex-CEO of Spirit Airlines

January 2016 - January 2022