The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...

The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...

Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot ...

Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...

Southwest Airlines reported an impressive third quarter in 2024, with revenue hitting record levels and adjusted earnings per ...

Southwest Airlines (LUV) reached a settlement with activist investor Elliott Investment Management, ceding six board seats to ...

Kelly was previously expected to retire sometime next year, as company officials have faced pressure from activist investor ...

Southwest Airlines reported better-than-expected earnings Thursday, sending its shares higher ahead of the opening bell. The ...

Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...

Pierre Breber, former chief financial officer of Chevron, has also been appointed to the board. The new board will appoint a ...

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...

Elliott Investment Management and Southwest Airlines are close to reaching a settlement agreement that would avert a proxy ...