Frontier Airlines has announced that D. Dale Browning has been appointed Chairman of
the Board of Frontier Airlines Holdings.The announcement followed a
special election held by the Board after Frontier’s annual shareholder’s
meeting today. Browning has served on the Frontier Airlines Holdings, Inc.
Board since 1996 in various capacities including Chairman of the
Compensation Committee and as Chairman of the Audit Committee for the past
four years. Browning will take over his new role from long-time board chair
Sam Addoms who announced his retirement earlier this year.
  Browning’s experience in banking and finance is extensive. Browning
joined Colorado National bank in 1966 and became President and CEO from
1985 until 1992 when it was acquired by US Bank. At the time of the
acquisition, Colorado National Bank was the second largest bank holding
company in the state of Colorado.
  Concurrent with his tenure at Colorado National, Browning also served
as President of Rocky Mountain Bank Card Systems and as founder and
President of Plus System. A subsidiary of Colorado National Bank, Rocky
Mountain Bank Card Systems was founded in 1969 and processed credit card
transactions for over 600 banks in the Western US. Browning founded Plus
System, an international shared ATM network, in 1982 and was integrated
into Visa International in 1993. Browning then spent the following two
years with Visa International as a senior consultant working on the
development of debit card products for Asia and Europe.
  Following his tenure with Visa International, Browning became the CEO
of corporate credit card transaction processing company, Procard. Procard,
an early pioneer in the move to online transaction processing and tracking,
offered corporations the ability to track and view online purchases made by
employees with corporate credit cards. As president and CEO of Procard,
Browning partnered the Company with Synovis in 2000, and remained president
and CEO of Procard for the next two years.
  “It would be very difficult to find a more strategic and financially
intuitive leader for this board, and for Frontier, than Dale Browning,”
said Addoms. “Dale knows this Company well and has been with Frontier from
the very early stages of its growth, guiding it with aptitude and insight
that has been invaluable. While I will certainly miss my involvement with
the tremendous group of leaders on the Board, I am completely confident
that I am leaving them and Frontier in the very best hands possible as the
Company moves forward with its next phase of strategic growth.”
  “There is no contention that Sam Addoms is a hard act to follow,” added
Browning. “However, the greatest compliment I can pay him is that he has
left me with a board that is talented, diverse, engaged and strategic. Most
importantly, the board and I are truly optimistic about the future of this
company, particularly in light of the numerous strategic initiatives we are
currently undertaking. I am honored to serve as the Chairman of the Board,
and I am confident that with the road map the talented management of this
Company has laid out before us, together we can lead this Company to
profitability and ultimately to sustained success.”
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