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Southwest settles proxy fight with hedge fund
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Investment Management, which is pressuring the airline to boost profits and the stock price.
Southwest settles proxy fight, reports smaller profit
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Inv
Southwest settles proxy fight with hedge fund and reports smaller third-quarter profit
Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by Elliott Investment Management.
Southwest Airlines, Gary C. Kelly
Southwest Airlines Executive Chairman Gary Kelly retires early, Board announces new members
Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot Investment Management.
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy battle.
Southwest Airlines Announces Major Board Reshuffle
Southwest Airlines ( (LUV) ) has shared an update. Southwest Airlines has announced a significant board reshuffle, appointing six new
4h
on MSN
The rapid descent of Southwest Airlines: How the company plunged from customer cult-favorite to activist investor target
Southwest was a customer darling. But 'active inertia' hobbled the stock and precipitated a leadership crisis.
1d
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...
1d
Southwest Airlines settles boardroom feud with activist investor Elliott
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...
1d
Southwest Sets New Revenue Record
Southwest Airlines reported an impressive third quarter in 2024, with revenue hitting record levels and adjusted earnings per ...
Skift
1d
Southwest Appoints 6 New Directors, CEO Bob Jordan Hangs On in Deal With Elliott
The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...
1d
on MSN
Activist Investor Elliott Wins Southwest Board Seats Amid Feud
The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...
1d
on MSN
American, Southwest Airlines on turbulent financial ride, struggling to adapt to evolving industry
While United and Delta each posted almost $1 billion dollar gains for Q3, American posted a net loss of nearly $149 million ...
20h
Shots fired at home in southwest Fresno, police say
Police received a 10 round ShotSpotter activation in the area. They arrived to find the home hit by multiple gunshots.
KTNV Las Vegas
8h
Neighbor witnesses tragic house fire in southwest valley leaving 4 dead
Flames tore through a family home in the southwest valley— leaving two adults and two children dead early Thursday morning.
17h
on MSN
Southwest service to Hawaii could be impacted after settlement with rebel shareholder
Southwest Airlines has reached a peace agreement with activist shareholder Elliott Investment Management, a development that ...
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