Frontier Bolsters Finance Department, Continues Search for Chief Financial Officer
February 27 2008 - 2:28PM
PR Newswire (US)
Ted Christie Promoted to Senior Vice President, Finance; Company
Creates New Position to Oversee Treasury and Budget DENVER, Feb. 27
/PRNewswire-FirstCall/ -- Frontier Airlines Holdings, Inc.
(NASDAQ:FRNT), today announced the promotion of Ted Christie to
Senior Vice President, Finance; Elissa Potucek to the newly created
position of Vice President of Treasury and Budget; and Heather Iden
to Vice President and Controller. Christie, who has been with the
Company since December 2002 and most recently served as Vice
President of Finance, will lead the restructured finance team as
the Company engages in its search for a new Chief Financial Officer
(CFO). Potucek, who has been with Frontier since August 1995, will
oversee Frontier's cash flow, taxes and balance sheet and will
provide critical oversight of the budgeting process as part of her
newly created role of Vice President of Treasury and Budgets. Iden
joined Frontier in March 2005 and most recently served as Director
of Corporate Accounting and Financial Reporting. "Ted, Elissa and
Heather are a talented team of proven professionals and I
congratulate them on their new roles," said Sean Menke, Frontier
President and CEO. "Our financial department is mission critical as
we face $100-per-barrel fuel and an industry that is on the front
end of some significant changes. I am grateful that we have the
leadership of a strong team of seasoned professionals in place to
provide the blocking and tackling of budgeting, forecasting and
compliance as well as the vision to help us navigate the
opportunities that may be presented to us in the future. This new
structure will provide greater oversight of critical financial
functions such as the budgeting process and will also serve us well
as we continue our search for the ideal candidate to fill the Chief
Financial Officer (CFO) position. I feel very confident that
whomever we hire as CFO will inherit a strong leadership team that
is well positioned for future growth and success." About Frontier
Airlines Holdings, Inc. Frontier Airlines Holdings, Inc. is the
parent company of Denver-based Frontier Airlines. Currently in its
14th year of operations, Frontier Airlines is the second-largest
jet service carrier at Denver International Airport, employing
approximately 6,000 aviation professionals. With 60 aircraft and
one of the youngest Airbus fleets in North America, Frontier offers
24 channels of DIRECTV(R) service in every seatback along with a
comfortable all coach configuration. In conjunction with its
regional jet fleet, operated by Republic Airlines, and a fleet of
ten Bombardier Q400 aircraft operated by Lynx Aviation (a
subsidiary of Frontier Airlines Holdings, Inc.), Frontier offers
routes linking its Denver hub to 70 destinations, including 62 U.S.
cities in 34 states spanning the nation from coast-to-coast; six
cities in Mexico; and Canada and Costa Rica. In November 2006,
Frontier and AirTran announced a first-of-its-kind integrated
marketing partnership that offers travelers the ability to reach
more than 80 destinations across four countries with low fares,
aboard two of the youngest fleets in the industry. For more
in-depth information on Frontier Airlines, please visit its Web
site at FrontierAirlines.com. DATASOURCE: Frontier Airlines
Holdings, Inc. CONTACT: Joe Hodas of Frontier Airlines,
+1-720-374-4504, Web site: http://www.frontierairlines.com/
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