Frontier Appoints Nancy L. Lipson to Board

By Bobby Samwell • Tuesday, June 25 15:27 • Permanent Link

Frontier Group Holdings, Inc. (NASDAQ: ULCC) has appointed Nancy L. Lipson to its Board of Directors. Ms. Lipson, who previously served as the Executive Vice President and Chief Legal Officer of Newmont Corporation (NYSE: NEM), brings a wealth of experience in corporate legal matters, sustainability, corporate strategy, business integrity, and compliance to her new role.

Her appointment is expected to bring valuable insight and expertise to the company's board, given her extensive background in the corporate legal arena and her previous roles at prominent companies such as Newmont, USWest/Qwest, and Sports Authority.

Ms. Lipson's experience extends beyond the corporate world, as she has also served on the Board of Trustees of the Colorado Legal Aid Foundation and the Board of Denver CASA (Court Appointment Special Advocates). Her recognition as one of Colorado’s Most Powerful Women in 2018 further underscores her leadership and influence in the local business community.

Frontier Group Holdings, Inc. operates Frontier Airlines, Inc., which is known for its commitment to "Low Fares Done Right." The company's dedication to efficiency is highlighted by its fleet of 147 A320 family aircraft and its status as the largest A320neo family fleet operator in the U.S. Additionally, Frontier's focus on high-density seating configuration and weight-saving initiatives has contributed to its position as the most fuel-efficient of all major U.S. carriers when measured by available seat miles (ASMs) per fuel gallon consumed.

Furthermore, with approximately 200 new Airbus planes on order, Frontier is poised for continued growth as it strives to provide affordable travel across America.

The arrival of Ms. Lipson as a new board member signals the company's ongoing commitment to strengthening its corporate governance and benefiting from diverse perspectives at the board level. Following these announcements, the company's shares moved -8.1%, and are now trading at a price of $4.74. For more information, read the company's full 8-K submission here.

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