Allegiant Air has today announced an executive transition, with John Redmond becoming the carrier’s CEO from June 1st, 2022, and current President and CEO, Maurice J. Gallagher to assume the role of Executive Chairman of the Board.
On Monday (February 7, 2022), Allegiant Travel Company announced that Maurice J. Gallagher, the company’s current Chairman and Chief Executive Officer, will assume the role of Executive Chairman of the Board. John Redmond, currently Allegiant’s President, will take on the additional role as Chief Executive Officer from June 1st, 2022. As President and CEO, Mr. Redmond will lead a dynamic executive management team with a combined 50 plus years of experience at Allegiant. As Executive Chairman and the company’s largest shareholder, Mr. Gallagher will continue to remain actively involved in the company’s strategic direction.
In Monday’s announcement, Allegiant’s current President and CEO, Maurice J. Gallagher, said,
“I am thrilled to announce John Redmond as the next CEO of Allegiant. As a fifteen-year Allegiant board-member, and president of the company since 2016, no one understands the vision and strategic direction of Allegiant better than John. In truth, John's promotion to CEO, and my step to executive chairman simply formalizes title changes that have been working in practice for the last several years. I am confident under his leadership, Allegiant will continue to remain atop the industry in profitability, innovation, and customer excellence and I look forward to supporting John and the company in my new role.”
Also commenting on his upcoming role as Allegiant’s new CEO, John Redmond said,
“I am honored to be named the next CEO of Allegiant Travel Company. Under Maury's transformational leadership, Allegiant has evolved from a single airplane airline to a fully-integrated travel company and completely redefined how consumers think about leisure travel. I could not be more excited about the opportunities ahead. The strategy, model, and plan are firmly in place and combined with our exceptional management team, there is no limit to what we can accomplish. I am grateful to Maury and the board of directors for their confidence and trust in me and I look forward to building on Allegiant's successful track record.”
Maurice J. Gallagher has long been known as a disruptor and innovator in the airline industry, building successful business models over four decades, culminating with Allegiant. Gallagher took control of Allegiant in 2001, when the company just emerged from bankruptcy and had one airplane. Since then, he has grown the company into one of the most profitable airlines in the world, with over 110 aircraft and more than 600 routes across 130+ U.S. cities.
John Redmond has served on Allegiant’s Board since 2007, with the exception of a one year hiatus in 2013, and has served as the company’s president for the last five years. Prior to joining Allegiant, he spent more than three decades in the hospitality industry, where he held top level management positions, including serving as President and CEO of MGM Grand resorts, LLC. Mr. Redmond currently serves on the Board of Directors of Vail Resorts, Inc.
Founded in 1999, Allegiant is an integrated travel company with an airline at its heart, and a focus on linking passengers from small to medium cities to world-class leisure destinations with all non-stop flights and industry-low average fares. The company offers base airfares that are often half the price of a typical roundtrip ticket and currently operates an all-Airbus A320 Family fleet. Allegiant recently placed an order for up to 100 Boeing 737-7 and 737-8-200 MAX jets.
Source: Allegiant Travel Company/PRNewswire