Allegiant’s Executive Resignation and Compensatory Agreement

Allegiant Travel Company ( (ALGT) ) just unveiled an announcement.

Allegiant Travel Company announced that Scott DeAngelo will resign as the executive vice president and chief marketing officer effective September 30, 2024. As part of a separation agreement, DeAngelo will receive a lump sum payment, the equivalent base salary through December 31, 2026, and continued fringe benefits. He will also be bound by a one-year non-compete clause, a two-year non-solicitation clause for employees, and a five-year confidentiality agreement.

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