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

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

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 ...

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

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

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

The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...

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

Southwest Airlines Co. Chief Executive Officer Bob Jordan says he knew the activists were coming. He just didn’t know which one.

Southwest Airlines is reporting that third-quarter profit fell nearly two-thirds from a year ago despite an increase in ...