Southwest Airlines has given in to demands from Elliott Investment Management and agreed to restructure its board leadership ...
The company also announced the appointment of six new board directors in what Kelly described as a "collaborative resolution" with Elliott Management, the activist investor that has pushed for ...
The proxy battle at Southwest Airlines is seemingly over, with the airline appointing six new and independent members to its ...
The size of the board is expected to shrink to 12 people next year and the company has signaled a willingness to appoint three directors with Elliott's input. But it also said on Monday that the ...
Southwest Airlines and activist hedge fund Elliott Investment Management struck a deal to avert a proxy fight in exchange for naming six directors to the airline's board — short of board ...
In June, Elliott disclosed a $1.9 billion stake in Southwest and proceeded to spend the summer skewering the Dallas-based ...
A Southwest Airlines Boeing 737 aircraft departs Ronald Reagan Washington National Airport. Photo: Getty Images Elliott Investment Management is taking its fight with Southwest Airlines to ...