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Southwest Airlines reaches settlement with Elliott, adds new directors to board
Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to restructure board leadership in a new settlement.
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 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.
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 sought.
Southwest Airlines threw in the towel in its fight against activist investor Elliott
Southwest Airlines (LUV) reached a settlement with activist investor Elliott Investment Management, ceding six board seats to the firm seeking control over the struggling airline.
Southwest Airlines settles boardroom feud with activist investor Elliott
Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on Thursday in a deal that allows CEO Bob Jordan to retain his job by making bigger board-level concessions.
Southwest Strikes Deal with Elliott, Adds Six New Board Members
Southwest Airlines Co. has agreed to allow Elliott Investment Management to nominate five directors to its board, as the carrier seeks to address the activist’s push for changes and salvage the job of its chief executive officer.
5h
Southwest, investor settle proxy fight
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending -- at least for ...
22h
on MSN
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board ...
14h
on MSN
Southwest Airlines (LUV) Q3 2024 Earnings Call Transcript
Operator Hello, everyone, and welcome to the Southwest Airlines third-quarter 2024 conference call. I'm Gary, and I'll be ...
9h
Airlines are doubling down on premium seats. So far, it's paying off
American, Delta, and United Airlines are doubling down on high-margin premium cabins and expanding them on new planes.
1d
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest Airlines third-quarter profit fell from a year ago but topped Wall Street estimates while the carrier workers to ...
13h
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 ...
1d
on MSN
Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...
Texas Public Radio
13h
Southwest Airlines names new directors, enters agreement with management firm
The Dallas-based airline announced six new independent directors after facing months of pressure from investment management ...
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