Maury Gallagher returns to lead Allegiant: Travel Weekly

Maury Gallagher is again accountable for Allegiant Journey Firm.

Gallagher, who can be Allegiant’s board chairman and one of many firm’s largest shareholders, stepped down as CEO in June 2022. He has now resumed that function following the sudden resignation of successor John Redmond on Sept. 28. 

Allegiant didn’t present a motive for Redmond’s departure within the resignation announcement. Greg Anderson stays as president. 

“Now we have constructed a administration crew headed by Greg Anderson, president, and lots of different gifted and devoted executives that’s among the many finest within the business,” Gallagher stated in a ready assertion. “This crew is properly positioned to guide the corporate as we proceed to set the usual for the U.S. leisure journey sector.”

Throughout his earlier 21 years atop the corporate, Gallagher constructed Allegiant Air from one plane into the third largest ultralow-cost U.S. provider. The fleet had grown to 126 planes by the top of June. 

Gallagher additionally oversaw the launch of the corporate’s first lodge venture, the Sunseeker Resort in Port Charlotte, Fla.

After years of delay, most not too long ago on account of impression from final yr’s Hurricane Ian,  the 785-room Sunseeker is slated for a late fall opening. 

Allegiant reported internet earnings of $144.6 million for the primary six months of this yr, with a powerful working margin for Allegiant Air of 16.9%. 

Gallagher will likely be paid a base wage of $750,000, Allegiant reported in a regulatory submitting Monday. He’ll additionally obtain a bonus of $750,000 in February 2024 for his work as CEO and govt chairman this yr.

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