WestJet announces departure of CFO

CALGARY, March 31, 2015 /CNW/ - WestJet President and CEO Gregg Saretsky today announced the resignation of Vito Culmone, Chief Financial Officer and Executive Vice-President, Finance, effective May 29, 2015. Vito will be joining another Calgary-based organization in a similar capacity.

"Vito has played a significant role in the growth and financial stability of our company for the past eight years and will certainly be missed," said Gregg Saretsky. "We wish him well in this new role."

Vito Culmone joined WestJet as Chief Financial Officer and Executive Vice-President, Finance, in March 2007 with responsibility for the overall financial management of WestJet and its financial reporting, as well as for multiple corporate functions including Controllership, Treasury, Investor Relations, Legal, Purchasing, Corporate Real Estate and Government Relations.

WestJet will now commence a search for a new Chief Financial Officer.

About WestJet
We are proud to be Canada's most-preferred airline, powered by an award-winning culture of care and recognized as one of the country's top employers. We offer scheduled service to more than 90 destinations in North America, Central America, the Caribbean and Europe. Through our regional airline, WestJet Encore, and with partnerships with airlines representing every major region of the world, we offer our guests more than 120 destinations in more than 20 countries. Leveraging WestJet's extensive network, flight schedule and remarkable guest experience, WestJet Vacations delivers affordable, flexible travel experiences with a variety of accommodation options for every guest. Members of our WestJet Rewards program earn WestJet dollars on flights, vacation packages and more. Our members use WestJet dollars towards the purchase of WestJet flights and vacations packages on any day, at any time, to any WestJet destination with no blackout periods – even on seat sales. For more information about everything WestJet, please visit westjet.com.  

Recent recognition includes:
2015 Best Employers in Canada (Aon Hewitt)
2014 Interbrand Canada's Best Canadian Brands (Rank #20)
2014 Brands of the Year (Strategy magazine)
2014 Canada's Most Preferred Airline (Ipsos)
2014 Value Airline of the Year (Air Transport World magazine)
2014/2013/2012 Canada's Most Attractive Employer (Randstad)
2014/2013 WestJet RBC MasterCard ranked #1 in Canada (Money Sense magazine and RewardsCanada.ca) 
2013 Highest equity score: airline, vacation package supplier brands (Harris/Decima EquiTrend Study)

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SOURCE WestJet

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