Sun Country Airlines Holdings Inc. filed SEC Form 8-K: Leadership Update
$SNCY
Air Freight/Delivery Services
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 20, 2025
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 24, 2025, Sun Country Airlines Holdings, Inc. (the “Company”), announced that Grant Whitney, the Company’s Senior Vice President & Chief Revenue Officer, would be stepping down from his position and separating employment with the Company, effective as of October 20, 2025. Mr. Whitney’s departure was not a result of any disagreement with the Company. Mr. Whitney’s primary duties and responsibilities will be re-assigned to other members of the Company’s senior leadership team.
Mr. Whitney’s separation from employment will constitute a termination of his employment pursuant to which Mr. Whitney would become eligible to receive separation benefits under the Employment Letter between Mr. Whitney and the Company, dated as of July 1, 2023 (the “Employment Letter”), which separation benefits consist of continued payment of his annual base salary for a period of 12 months. The Company also expects to provide medical and dental coverage through COBRA for Mr. Whitney and his eligible dependents for the 12-month period ending October 31, 2026. During this period, the Company will pay the portion of the COBRA premium that exceeds the amount Mr. Whitney paid for coverage while employed. Mr. Whitney’s receipt of the foregoing separation benefits is subject to his continued compliance with the restrictive covenants set forth in the Employment Letter and his execution and non-revocation of a release of claims. The Company expects to enter into a separation agreement and release of claims with Mr. Whitney in order to memorialize any separation benefits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: October 24, 2025 | Sun Country Airlines Holdings, Inc. | ||||||||||
| By: | /s/ Erin Rose Neale | ||||||||||
| Name: | Erin Rose Neale | ||||||||||
| Title: | Chief Legal Officer, Senior Vice President, and Corporate Secretary | ||||||||||