Allegiant Announces Resignation of Executive Vice President and Chief Marketing Officer Scott DeAngelo
Rhea-AI Summary
Allegiant (NASDAQ: ALGT) has announced the resignation of Scott DeAngelo, Executive Vice President and Chief Marketing Officer, effective September 30, 2024. DeAngelo, who joined the company in 2018, established a successful marketing strategy that led to multiple awards. CEO Gregory C. Anderson praised DeAngelo's leadership and contributions. During his tenure, DeAngelo oversaw marketing, ecommerce, leisure products, and loyalty programs. He led the development of Allegiant's frequent flyer program and secured naming rights for Allegiant Stadium. To ensure continuity, Drew Wells will assume the position of Chief Commercial Officer, taking over DeAngelo's responsibilities along with revenue and network planning departments.
Positive
- Smooth transition plan with Drew Wells assuming expanded responsibilities
- Recognition of marketing strategy success through multiple awards
- Established partnerships deepening community ties
Negative
- Loss of experienced executive who led key marketing initiatives
- Potential disruption in marketing and loyalty program leadership
News Market Reaction 1 Alert
On the day this news was published, ALGT gained 0.49%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DeAngelo joined the company in 2018 and immediately set to work establishing a marketing and advertising strategy that has led to multiple awards and recognitions, including
"We are grateful to Scott for his leadership and commitment over the last six years. His extensive experience and innovative approach have helped enhance our brand and set us up for future success," CEO Gregory C. Anderson said. "The effects of his work will be evident for many years, and I deeply appreciate his contributions. Team Allegiant extends its best wishes to him in his future ventures."
DeAngelo led the strategy and execution for marketing, ecommerce, leisure products and loyalty. He oversaw the development of Allegiant's frequent flyer program, secured naming rights for Allegiant Stadium, home of the Las Vegas Raiders, and established strategic partnerships to help deepen the airline's community ties.
"I am proud of what my team was able to accomplish during my tenure at Allegiant. The airline industry is dynamic and complex, and their commitment to innovation has set new benchmarks for success at Allegiant," DeAngelo said. "I am thankful for the relationships and connections I've built and leave with great confidence in the future of the organization and its team."
To ensure continuity and progress, Drew Wells will assume the position of Chief Commercial Officer, taking over DeAngelo's responsibilities in addition to the revenue and network planning departments.
Allegiant – Together We Fly™
Media Contact
Phone: 702-800-2020
Email: mediarelations@allegiantair.com
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SOURCE Allegiant Travel Company