Quick Facts
Biography
Robert L. Fornaro (also known as Bob Fornaro, born 1952 or 1953) is the CEO of Spirit Airlines. He was the chairman, president and Chief Executive Officer of AirTran Holdings Inc., and its subsidiary, AirTran Airways in Orlando, Florida until AirTran merged with Southwest Airlines in May 2011, when he became a full-time consultant on the merger, sitting on the integration board.
Career
After he left Harvard, Fornaro worked for Trans World Airlines in scheduling and planning. Fornaro was senior vice president - marketing and planning at Braniff, Inc. Fornaro served as vice president - research for Jesup & Lamont Securities, Inc. and director of future schedule planning for Trans World Airlines. He was then senior vice president - marketing planning at Northwest Airlines from 1988–1992, where he managed international alliances and regional airline partner relationships.
From 1992 to 1997, Fornaro served as senior vice president - planning for US Airways where he directed the company's route planning, pricing and revenue management and overall corporate strategy. Prior to joining AirTran Airways, he operated an aviation consulting practice.
Fornaro joined AirTran Airways in March 1999 as president and CFO. He was named chief operating officer and elected to the board of directors in March 2001. Fornaro became chief executive officer on 1 November 2007, taking over from Joe Leonard.
When AirTran merged with Southwest Airlines in 2011, Fornaro received a payment of $2.9 million. Fornaro is acting as a consultant for the integration of the airlines.
In May 2014 Fornaro was elected to the Board of Directors of Spirit Airlines.
On January 5, 2016, Fornaro was appointed to CEO of Spirit Airlines, replacing Ben B Baldanza.
Education and personal life
Fonaro is originally from Long Island, N.Y., and he attended Rutgers College in New Brunswick, N.J., on a lacrosse scholarship and earned a bachelor's degree in economics. He was a lacrosse midfielder. He also received a master's degree in city and regional planning from Harvard University in Cambridge, Massachusetts. He is a director of the Metro Atlanta Chamber of Commerce and serves on the board of the Georgia Aquarium. Fornaro and his wife, Karen, whom he married in the 1970s, reside in Orlando and have three adult children, two daughters and a son.