Southwest Airlines, Elliott Investment Management

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 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 directors of the Board in connection with Cooperation and Information Sharing Agreements (the "Agreements") reached with Elliott Investment Management L.
Elliott, Southwest Airlines near deal to avert board battle, Bloomberg News reports
Elliott Investment Management and Southwest Airlines are close to reaching a settlement agreement that would avert a proxy battle over control of the airline's board, Bloomberg News reported on Wednesday,
Elliott, Southwest Said to Near Settlement to Avert Board Battle
Elliott Investment Management and Southwest Airlines Co. are nearing a settlement that would avoid a proxy fight for control of the carrier’s board, according to people familiar with the matter.
Southwest settles proxy fight with hedge fund
Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a former Chevron executive.
Southwest, Elliott strike deal to end proxy fight
"I believe Southwest’s best days lie ahead," said Gary Kelly, who will soon step down as board chair as part of the deal.
Southwest reaches deal with Elliott to appoint six new independent directors
CNBC's Steve Liesman joins 'Squawk Box' to report on the latest news.
Southwest and Elliott near settlement which would end proxy fight, source says
Activist investor Elliott Investment Management and Southwest Airlines are close to a settlement deal that would give the dissident sizable representation on the company’s board, according to a person familiar with the matter.
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 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 ...
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 ...
Southwest Airlines Ends Feud With Activist Investor Elliott
Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board ...
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 ...
KERA News5h
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 ...
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 ...
NBC DFW1d
Southwest Airlines settlement with Elliott, restructures board leadership
After months of an ongoing battle, Southwest Airlines has reached a settlement with ... a collaborative resolution with Elliott, continuing our board refreshment with the addition of new ...
Southwest Airlines threw in the towel in its fight against activist investor Elliott
Southwest Airlines (LUV) reached a settlement with activist investor Elliott Investment Management, ceding six board seats to ...
Southwest Airlines settles boardroom feud with activist investor Elliott
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...