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Continued: CEO who led Sun Country through Chapter 11 is out

  • Article by: DAVID PHELPS , Star Tribune
  • Last update: February 14, 2013 - 3:05 PM

In 2007 and 2008, the airline lost a combined $50 million. But it returned to profitability in 2010 and has been profitable since, even in the face of high fuel prices. The bulk of Sun Country’s service is to leisure destinations, but it also operates a charter service for the military and college athletic teams.

In a November interview with the Star Tribune, Gadek said he was pleased with the ownership of the Davis family, best known for their Cambria quartz countertop business.

“They are very entrepreneurial, and that aligns well with who we are,’’ Gadek said in November. “They let management run the company and employees do their job.”

If there was any dissatisfaction on his part with Gadek’s leadership at that time, Davis didn’t show it.

“We’re still the hometown airline. It’s a fun business with good people,” Davis said.

 

David Phelps • 612-673-7269

 

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    Thursday February 14, 2013

    Exit of Stan Gadek, who guided the airline from bankruptcy to profitability, surprised many at Sun Country.

  • Stan Gadek, Sun Country Airlines chief executive and strategist behind the airline’s turnaround, left the company Wednesday in a surprise development.

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