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

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

Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a ...

Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team ...

Elliott Investment Management built up an 11% stake in Southwest and is seeking a top-level shake-up.

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by ...

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

The hedge fund recently acquired a stake of 11% in the struggling airline and is calling for the meeting to be held on Dec. 10. Elliott had previously requested 10 directors, but Southwest trimmed its ...