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Joined 3 years ago
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Cake day: July 8th, 2023

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  • A business in it’s second bankruptcy in a year… Asking the government to bailout the company with a $500 million “loan” making the federal government 90% owner of a company. What a dumb idea for the one putting up that money… Oh wait, it’s the American tax payer.

    If you want an idea of how bad an idea this is and who is going to make the most money out of this heres how spirit spent $8 million in 2 years… For two people…

    Dave Davis (New CEO - April 2025): $950,000 base salary, $4 million signing bonus ($2M on start, $2M on first anniversary), and 403,226 restricted shares.

    Ted Christie (Former CEO - 2024): $850,000–$950,000 base salary, with $4.39 million in total 2024 bonuses, including a $3.8 million retention bonus shortly before the bankruptcy filing.