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Elliott, Gary C. Kelly and southwest airlines
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 fight.
Southwest CEO Jordan praises Elliott deal, gives sober nod to Q3 results
The Elliott deal is good for shareholders,” beleaguered Southwest CEO Bob Jordan said on CNBC this morning, putting a positive spin on a deal with the activist investor that allows Jordan to keep his job,
Southwest CEO Bob Jordan: Elliott deal is good for our shareholders
Bob Jordan, Southwest Airlines CEO, joins CNBC's 'Squawk on the Street' to discuss Southwest's deal with Elliott Investment Management, the company's third-quarter results, and more.
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 restructure board leadership in a new settlement. Longtime CEO and executive chairman Gary Kelly and six directors will accelerate their retirements to Nov.
Southwest reaches deal with Elliott Management, Q3 results beat expectations
Southwest Airlines (NYSE:LUV) has surrendered its early morning gains tied to Q3 results as investors react to the news that the carrier has reached a deal with Elliott Management that would see CEO Bob Jordan keep his job,
Southwest reaches pact with Elliott, appoints six new independent directors
Airlines announced the appointments of David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson as
Southwest reaches deal with Elliott to appoint six new independent directors
CNBC's Steve Liesman joins 'Squawk Box' to report on the latest news.
1d
on MSN
Southwest and activist investor Elliott strike deal to keep Bob Jordan as CEO, add six new directors
Southwest Airlines and Elliott Management are near a settlement which will stave off a proxy fight at the carrier, a person ...
1d
on MSN
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 ...
1d
Southwest Airlines Bends To Activist Investor, Restructures Board
The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...
Hosted on MSN
1d
Southwest threw in the towel in its fight against an activist investor
In June, Elliott announced it had acquired an 11% stake in
Southwest
, launching a campaign to turn around the airline’s ...
Skift
22h
Southwest Sees Strong Holiday Bookings, Says It’s Prepared for Uncertainty With Boeing
Southwest’s third-quarter earnings beat Wall Street estimates, a bright spot for the carrier that has been fending off an ...
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