Leadership & Pay ·
Allegiant Travel renews executive employment agreements with $750K CEO salary and new incentive plans
ALGTAllegiant Travel Co
Allegiant Travel Company renewed employment agreements for four key executives through the end of 2029. CEO Gregory Anderson receives a $750,000 base salary with target bonuses at 180% of base and stock grants equal to 300% of base. CFO Robert Neal is assigned a $525,000 base salary with 150% bonus targets and 225% stock grant targets. EVP Drew Wells and EVP Tyler Hollingsworth each receive $475,000 in base salary, with 125% bonus targets and 195% stock grant targets. All agreements include severance protections for termination without cause or resignation for good reason. Allegiant Travel Company operates a low-cost airline providing scheduled air service to leisure destinations.