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Southwest Airlines, Gary C. Kelly
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.
Southwest Airlines Executive Chairman Gary Kelly retires early, Board announces new members
Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot Investment Management.
Southwest chairman will 'accelerate retirement' and step down next week, as board appoints 6 new directors
Kelly was previously expected to retire sometime next year, as company officials have faced pressure from activist investor Elliott Management.
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy battle.
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 Jordan will keep his job.
Southwest’s board overhaul continues with six new directors and Gary Kelly’s ‘accelerated’ retirement
In a settlement with minority stakeholder Elliott Investment Management, Southwest Airlines is appointing six new directors to its board and accelerating the retirement of executive chairman Gary Kelly.
Southwest Airlines Names New Independent Directors in Agreement with Elliott Investment
The airline appointed David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson as independent directors, while Pierre Breber, former chief financial officer of Chevron, was also appointed to the board. The appointments are effective Nov. 1.
21h
Southwest Reaches Deal With Activist Elliott, Adding 6 New Directors to Board
Southwest Airlines announced a resolution to its discussions with activist investor Elliott Investment Management and ...
Skift
19h
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 ...
AeroTime
14h
Southwest undergoes board shakeup as public feud with investor Elliot ends
The Southwest board will undergo a major shakeup after the airline resolved a long running public feud with activist investor ...
KERA News
14h
Southwest Airlines names new directors, enters agreement with management firm
The Dallas-based airline announced six new independent directors after facing months of pressure from investment management ...
1d
SOUTHWEST AIRLINES ANNOUNCES APPOINTMENT OF SIX NEW INDEPENDENT DIRECTORS
Southwest Airlines Co. (NYSE: LUV) ("Southwest" or the "Company") today announced the appointments of David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson as independent ...
14h
on MSN
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on ...
23h
on MSN
Southwest Airlines, Elliott nearing deal to avoid proxy battle - Bloomberg News
Southwest Airlines (NYSE:LUV) and Elliott Investment Management are closing in on a settlement that would avoid the carrier's ...
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Elliott
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