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Aug 7, 2003
Frontier Airlines Names Kirk Stevens Director of Internal Audit
DENVER (Aug. 7, 2003) Frontier Airlines (Nasdaq: FRNT) has named Kirk Stevens as director of internal audit, effective immediately. Stevens, 43, previously served as Frontiers manager of process and control. In his new role Stevens will expand the audit department's responsibility to include ensuring Frontier is in compliance with Sections 302 and 404 of the Sarbanes-Oxley Act, specifically as it relates to Frontier's internal control evaluation. In addition, Stevens will also be responsible for Frontiers liquor and DIRECTV enhanced audit process. Kirk reports directly to the Audit Committee, and administratively to Vice President and Controller, Elissa Potucek.
Kirk brings a great deal of internal audit experience to this expanded function, including a thorough knowledge of Frontiers internal control processes, said Potucek. This knowledge is particularly helpful when auditing field locations and examining internal processes to ensure the highest degree of controls are put into place and adhered to by all employees. In addition, and as part of the requirements of Section 301 in Sarbanes-Oxley, we recently established an internal hotline designed to provide employees with an anonymous, timely mechanism for reporting any financial reporting concerns. Kirk will oversee this new reporting mechanism in addition to our internal audit procedures.
Stevens brings over 20 years of internal audit experience to his latest role with Frontier, having served in various audit capacities in the restaurant, banking and airline industries. Prior to his current role, Stevens served as Frontiers manager of process and control where he was responsible for financial audits, including all outlying stations and corporate functions. Stevens holds a bachelors degree in accounting from the University of Northern Colorado and a masters degree in leadership from Regis University.