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Southwest settles proxy fight with hedge fund
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.
Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial performance.
Southwest settles proxy fight, reports smaller profit
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Inv
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 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.
14h
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 ...
16h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...
Skift
18h
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 ...
19h
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 ...
18h
Southwest Sets New Revenue Record
Southwest Airlines reported an impressive third quarter in 2024, with revenue hitting record levels and adjusted earnings per ...
20h
on MSN
Southwest Stock Is Down. The Elliott Fight Is Over, and Earnings Were Strong.
Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...
11h
on MSN
American, Southwest Airlines on turbulent financial ride, struggling to adapt to evolving industry
While United and Delta each posted almost $1 billion dollar gains for Q3, American posted a net loss of nearly $149 million ...
13h
on MSN
Southwest Airlines plans to speed up its turnaround — literally
After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...
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