Frontier Group Holdings, Inc. filed a current report on November 2, 2026, disclosing the appointment of Michael Delehant as Executive Vice President and Chief Operating Officer, effective November 30, 2026, along with the termination of two senior vice presidents.

Key Highlights

  • New COO appointed: Michael Delehant, age 55, was appointed Executive Vice President and Chief Operating Officer, with an employment start date of November 30, 2026.
  • Base salary: Delehant will receive an annual base salary of $575,000 and a target annual cash bonus opportunity of 90% of his base salary, pro-rated for 2026.
  • Equity award: The board expects to grant Delehant $1,000,000 in restricted stock units, vesting 25% on each anniversary of his start date, plus an estimated $1,000,000 annual equity award vesting in three equal annual installments.
  • Relocation assistance: Frontier will reimburse up to $150,000 in relocation expenses, repayable if Delehant fails to relocate to the Denver area or his employment ends on or before November 30, 2027.
  • Severance terms: A termination without Cause entitles Delehant to a lump sum equal to his annual base salary and target bonus; that amount doubles and unvested equity fully vests if termination follows a Change in Control within twelve months.
  • Two officers departing: Trevor J. Stedke, Senior Vice President, Operations, and Alexandre Clerc, Senior Vice President, Customers, were each notified on November 2, 2026, that their employment would terminate on November 13, 2026, without Cause.

Frontier Group Holdings Appoints Delehant as COO and Parts Ways with Two Senior Vice Presidents

According to the filing, the boards of directors of Frontier Group Holdings, Inc. and its wholly-owned subsidiary Frontier Airlines, Inc. approved Delehant's appointment on October 29, 2026. Delehant brings more than two decades of airline executive experience, the filing stated. Most recently, he served at Wizz Air Holdings Plc as Group Managing Director from October 2024 to August 2026, overseeing operational and commercial activities, and previously as Executive Vice President and Group Chief Operations Officer from April 2021 to September 2024. Before Wizz Air, he served as Chief Strategy and Network Officer at Vueling Airlines, S.A. from November 2016 to March 2021, and held leadership roles at Southwest Airlines Co. from 2002 to 2016. He holds a Bachelor of Arts in Psychology from the University of Michigan and an M.B.A. from Southern Methodist University, the filing noted.

The employment letter agreement, dated October 29, 2026, sets Delehant's annual base salary at $575,000 with a 90% target bonus. The filing disclosed that the $1,000,000 restricted stock unit grant is subject to acceleration if his employment is terminated without Cause during the twelve months following a Change in Control, as defined in the applicable plan documents. Delehant is also eligible for an annual equity award valued at an estimated $1,000,000, vesting in three equal annual installments. He is expected to establish Denver-area residence by January 31, 2027, and Frontier will reimburse relocation costs up to $150,000.

Separately, the filing reported that Frontier notified Trevor J. Stedke, Senior Vice President, Operations, and Alexandre Clerc, Senior Vice President, Customers, on November 2, 2026, that their employment would end effective November 13, 2026, each classified as a termination without Cause under their respective employment letters. The company issued a press release on November 2, 2026, furnished as Exhibit 99.1, announcing these personnel changes.

What Was Disclosed

Frontier Group Holdings filed a current report disclosing the appointment of Michael Delehant as Executive Vice President and COO, his compensation terms including a $575,000 base salary and $1,000,000 RSU grant, and the termination of two senior vice presidents effective November 13, 2026.