Robert Fornaro Explained

Robert L. Fornaro
Birth Date:1953
Birth Place:Long Island, New York
Alma Mater:Rutgers College
Occupation:Former CEO of Spirit Airlines
Spouse:Karen Fornaro

Robert L. Fornaro (also known as Bob Fornaro, born 1952 or 1953)[1] is an American airline executive. He most recently served as the CEO of Spirit Airlines. He also served as the chairman, president and chief executive officer of AirTran Holdings Inc. and its subsidiary, AirTran Airways, in Orlando, Florida, until AirTran was acquired by Southwest Airlines in May 2011, when he became a full-time consultant on the acquisition, sitting on the integration board.[2]

Career

After he left Harvard University, Fornaro worked for Trans World Airlines in scheduling and planning.[1] He was senior vice president for marketing and planning at Braniff, Inc, vice president for research at Jesup & Lamont Securities, Inc. and director of future schedule planning for Trans World Airlines. He was then senior vice president for marketing planning at Northwest Airlines from 1988 to 1992, where he managed international alliances and regional airline partner relationships.[1]

From 1992 to 1997, Fornaro was senior vice president for planning at US Airways where he directed the company's route planning, pricing and revenue management and overall corporate strategy.[1] Before joining AirTran Airways, he operated an aviation consulting practice.

Fornaro joined AirTran Airways in March 1999 as president and chief financial officer. He was named chief operating officer and elected to the board of directors in March 2001.[1] He became chief executive officer on 1 November 2007,[3] taking over from Joe Leonard.[1]

When AirTran was acquired by Southwest Airlines in 2011, Fornaro received a payment of $2.9 million.[4] Fornaro acted as a consultant for the integration of the airlines.[5]

In May 2014, Fornaro was elected to the board of directors of Spirit Airlines.[6]

On 5 January 2016, Fornaro was appointed CEO of Spirit Airlines, replacing Ben Baldanza.[7] In December 2017, it was announced that he would step down as CEO in January 2019 and be replaced by CFO Ted Christie.[8]

Education and personal life

Fonaro is originally from Long Island, New York. He attended Rutgers College in New Brunswick, New Jersey, on a lacrosse scholarship and earned a bachelor's degree in economics. He was a lacrosse midfielder.[9] He also received a master's degree in city and regional planning from Harvard.[1] He is a director of the Metro Atlanta Chamber of Commerce and is on the board of the Georgia Aquarium. He and his wife, Karen, whom he married in the 1970s, reside in Orlando and have three adult children, two daughters and a son.[1]

External links

Notes and References

  1. News: Interview: AirTran chief executive Bob Fornaro. David. Field. 19 January 2009. Flightglobal. https://web.archive.org/web/20090125211714/http://www.flightglobal.com/articles/2009/01/19/321267/interview-airtran-chief-executive-bob-fornaro.html. 25 January 2009. 26 May 2022.
  2. News: Southwest announces interim reorganization as it takes control of AirTran Airways. Maxon. Terry. 5 May 2011. The Dallas Morning News. https://web.archive.org/web/20110726194713/http://aviationblog.dallasnews.com/archives/2011/05/southwest-announces-interim-re.html. 26 July 2011. 26 May 2022.
    - News: Three Years For SWA/AirTran Integration. Jackman. Frank. Andrew Compart. 2 May 2011. Aviation Week. 22 May 2011.
  3. News: AirTran elevates president to CEO. 1 November 2007. The St. Petersburg Times. 22 May 2011.
  4. News: AirTran CEO Bob Fornaro to get $2.9 million after Southwest merger. Ahles. Andrea. 28 April 2011. SkyTalk. Star-Telegram. 22 May 2011. https://web.archive.org/web/20110707082656/http://blogs.star-telegram.com/sky_talk/2011/04/airtran-ceo-bob-fornaro-to-get-29-million-after-southwest-merger.html#. 7 July 2011. dead.
  5. News: Southwest closes $1B purchase of AirTran. Associated Press. 2 May 2011. KHOU. 22 May 2011. dead. https://web.archive.org/web/20120331142248/http://www.khou.com/home/Southwest-closes-1B-purchase-of-AirTran-121105934.html. 31 March 2012.
  6. News: Spirit Airlines Board Elects Robert L. Fornaro as New Board Member. 1 May 2014. Spirit Airlines. 7 January 2015. https://web.archive.org/web/20150107231901/http://ir.spirit.com/releasedetail.cfm?releaseid=844590#. 7 January 2015. dead.
  7. Web site: Brash, Fee-Happy CEO of Spirit Airlines Abruptly Replaced. Scott. Mayerowitz. AP. 5 January 2016. ABC News. https://web.archive.org/web/20160106134724/https://abcnews.go.com/Business/wireStory/brash-fee-happy-ceo-spirit-airlines-abruptly-replaced-36096571. 6 January 2016. 26 May 2022.
  8. Web site: Spirit Airlines picks insider to become next CEO in 2019. Associated Press. TribLIVE.com. 2 January 2018. 3 January 2018. https://web.archive.org/web/20180103011735/http://triblive.com/business/headlines/13070202-74/story. dead.
  9. News: Talking With... - Bob Fornaro. AirTran hopes economy gets off the ground soon. Garcia. Jason. 10 February 2009. Orlando Sentinel. 22 May 2011.