The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...
Elliott Investment Management built up an 11% stake in Southwest — then started a podcast. It's a good move, two ...
The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...
The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of ...
Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for labor and other expenses.
We are pleased to have reached a collaborative resolution with Elliott, continuing our Board refreshment with the addition of new directors who bring complementary skills and experience,” Kelly said ...