Southwest settles proxy fight with hedge fund

Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial performance.
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 settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund.
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 former Chevron executive.
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 as rebookings from passengers stranded due to the global cyber outage in July.
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 Ends Feud With Activist Investor Elliott
Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board ...
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 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 Elliott
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 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 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 ...
Southwest Airlines plans to speed up its turnaround — literally
After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...