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Spirit Airlines Announces New Chief Financial Officer.


FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- Spirit Airlines announces the appointment of David W. Lancelot to the position of Chief Financial Officer.

Effective immediately, Mr. Lancelot will direct Spirit's finance and accounting organization which includes treasury, corporate tax, internal audit, financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 as well as the controller functions of the company. Mr. Lancelot will succeed John Severson who has served in the role of Chief Financial Officer for Spirit Airlines since 1997.

Mr. Lancelot brings to Spirit over 18 years of airline and finance experience, holds a Bachelor of Business Administration “BBA” redirects here. For other uses, see BBA (disambiguation).

The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies.
 degree from Baylor University Baylor University, mainly at Waco, Tex.; coeducational; chartered and opened 1845 by Baptists (see Baylor, Robert E. B.) at Independence, moved 1886 and absorbed Waco Univ. (chartered 1861). The library has a noted Robert Browning collection.  and is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
.

"We are very pleased to announce the appointment of David Lancelot as our Chief Financial Officer," said Ben Baldanza, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Spirit Airlines. "David was hand-picked as John's successor as he is an exceptionally talented individual who will be instrumental in taking Spirit to the forefront of the industry as a low cost leader. David's extensive knowledge in areas of vital importance to Spirit's new business model will ensure the success of Spirit's plans for growth in the coming weeks and months. We are grateful to John for his tireless work and for bringing Spirit to this pivotal point in the company's history."

About Spirit Airlines

Fort Lauderdale-based Spirit Airlines, with hubs in Fort Lauderdale and Detroit, offers its outstanding low fare service to 30 cities in the United States, the Bahamas, and the Caribbean. For the 411 on fares, schedules and reservations go to spiritair.com or call 1-800-772-7117 (en EspaSol, 1-800-756-7117).
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 17, 2007
Words:253
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