Why?
$Spirit Airlines(SAVE.US$ CEO Ted Christie was paid $6.6 million in 2023, up from $3.4 million in 2022.
Since Christie took over as CEO in 2019, the stock is down over 92% from 57.92 to 3.54 per share.
Christie is an absolute failure who overbought aircraft and built a newly opened $250 million corporate headquarters largely during the pandemic even though Spirit hasn’t turned a profit since 2019 and already had a similar facility 🤦♂️
Christie is the modern-day Marie Antoinette of CEOs, saying of SAVE bag holders (aka shareholders), “Let them eat cake!” 🍰🧁🥮
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Jenny Yang3 : He doesn't deserve this salary