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Southwest Airlines, Elliott and Gary C. Kelly
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 Management, one of its largest shareholders.
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 well as rebookings from passengers stranded due to the global cyber
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 Tops Profit Estimates
Southwest Airlines reports surprise Q3 profit on improved pricing
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber outage in July.
Southwest Airlines 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 tries to shore up financial results amid a bruising fight with activist Elliott Investment Management.
Southwest Airlines Revenue and Profit Beat Expectations
Southwest Airlines posted stronger-than-expected quarterly sales and profit, as executives said turnaround efforts are taking shape. The airline reported a record $6.87 billion in operating revenue for the September quarter,
2h
Southwest Sets New Revenue Record
Southwest Airlines reported an impressive third quarter in 2024, with revenue hitting record levels and adjusted earnings per ...
7h
on MSN
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 ...
Skift
2h
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 ...
3h
on MSN
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 ...
4h
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 ...
Springfield News-Sun
7m
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 ...
16h
on MSN
Southwest Iowa man dies in rural crash east of Des Moines
According to the Iowa State Patrol, 52-year-old Christopher Hudnut of Logan, Iowa, was driving a dump truck loaded with ...
2d
Southwest Airlines talks truce with Elliott after major policy tweaks
After more than four months of waging a public battle with activist investor Elliott Investment Management, low-cost pioneer ...
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