Southwest’s Game of Catch-Up: What’s After Elliott Settlement?
1 day ago · Nov. 19-20 in Dubai. Register Now. Five of Elliott’s director picks joined Southwest’s board, and former chairman Gary Kelly left. Jordan said changes have been underway at Southwest for a ...
Southwest Airlines CEO talks what's next after Elliott settlement ...
1 day ago · Southwest Airlines CEO gets candid about future after deal with Elliott “Ultimately I think we got to a good place,” Southwest CEO Bob Jordan said. He also said the chapter with Elliott ...
SOUTHWEST AIRLINES RESPONDS TO ELLIOTT …
DALLAS, Sept. 24, 2024 /PRNewswire/ -- – Southwest Airlines Co. (NYSE: LUV) (the "Company") today issued a response to Elliott Investment Management L.P.'s ("Elliott") recent Shareholder letter and provided an update on its engagement with Elliott ahead of the Company's long-planned Investor Day set for Thursday, September 26:. Elliott Engagement Update
Southwest, Elliott strike deal to keep CEO Jordan, add six directors
Oct 24, 2024 · 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...
Southwest Airlines Lays Out Overhaul, and Stock Gains
Sep 26, 2024 · The airline is making the moves under rising pressure from an activist hedge fund, Elliott Management, which has amassed a stake of more than 10 percent, worth almost $2 billion. Elliott has...
Southwest Airlines settles boardroom feud with activist investor Elliott
Oct 24 (Reuters) - Southwest Airlines (LUV.N) and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on Thursday in a deal that allows CEO Bob...
Southwest settles proxy fight with hedge fund as Q3 profit shrinks ...
Oct 24, 2024 · DALLAS (AP) — 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 Investment Management, which is pressuring the airline to boost profits and the stock price.
Activist Investor Elliott Wins Southwest Board Seats Amid Feud
Oct 24, 2024 · Southwest Airlines LUV -2.83% struck a truce with Elliott Investment Management, giving the activist a significant presence on its board but not the majority control the hedge fund initially...
Elliott, Southwest Airlines to begin settlement discussions, …
Oct 20, 2024 · Elliott Investment Management and Southwest Airlines have begun discussing a potential settlement that would avoid a proxy fight for control of the airline's board, Bloomberg News...
Southwest Looks for Truce With Elliott After Major Policy Tweaks
Oct 20, 2024 · After more than four months of waging a public battle with activist investor Elliott Investment Management, low-cost pioneer Southwest Airlines Co. may finally be headed toward a truce.