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 ...
Elliott Investment Management built up an 11% stake in Southwest and is seeking a top-level shake-up.
The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of ...
The hedge fund that’sseeking big changes at Southwest Airlines (LUV) wants to give its fellow shareholders an earful. Elliott ...
Southwest said third-quarter profit, excluding special items, works out to 15 cents per share, which beat a forecast of six ...
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 ...
Activist hedge fund Elliott Investment Management on Thursday blamed Southwest CEO Bob Jordan for the airline’s sagging fortunes — hours after the embattled carrier raised its outlook for ...
Hedge Fund Elliott Calls for Southwest Shareholders to Meet and Vote on Its Slate of Directors The second largest shareholder of Southwest Airlines on Monday called for special meeting of ...