NATION
In a falling out with Frontier Holdings Inc. directors, M.C. (Hank) Lund resigned as president after less than six months on the job at the Denver-based company.
The Frontier Holdings board immediately named Joseph R. O’Gorman Jr., currently president of Honolulu-based Aloha Airlines, as the company’s new president and chief executive.
The announcement was made hours after the holding company for Frontier Airlines reported a $14.2-million first-quarter loss. Lund, 63, said his resignation “had nothing to do” with the earnings report.
Lund, a 44-year veteran of the airline industry, became Frontier’s president last November and pledged to bring the struggling Frontier Airlines back into a competitive moneymaking position. He had been with Frontier for 18 years.
Lund said “a basic disagreement on the future course of Frontier Airlines” was the reason he quit. He did not elaborate.
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