Southwest settles proxy fight with hedge fund
Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a ...
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...
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 ...
Southwest chairman will 'accelerate retirement' and step down next week, as board appoints 6 new directors
Kelly was previously expected to retire sometime next year, as company officials have faced pressure from activist investor ...
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 ...
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Southwest Appoints 6 New Directors, CEO Bob Jordan Hangs On in Deal With Elliot
The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...
Southwest Sets New Revenue Record
Southwest Airlines reported an impressive third quarter in 2024, with revenue hitting record levels and adjusted earnings per ...
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...
Southwest Airlines reaches settlement with Elliott, adds new directors to board
Pierre Breber, former chief financial officer of Chevron, has also been appointed to the board. The new board will appoint a ...
Southwest Air Tops Profit Estimates as Cost Cuts Take Hold
Southwest Airlines Co. reported third-quarter profit more than double Wall Street’s estimates, a needed boost as the carrier ...