Elliott Sends Letter and Presentation to the Board of Southwest Airlines
WEBJun 10, 2024 · Southwest's rigid commitment to a decades-old approach has inhibited its ability to compete in the modern airline industry, Elliott said, and this ethos pervades the entire business with...
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
WEBSep 10, 2024 · Elliott, which has a long history of seeking big changes at publicly-traded companies, had criticized Mr. Kelly and Mr. Jordan for their management of the company, blaming them for a steep...
Change leadership or prepare for a fight, Elliott tells Southwest Airlines
WEBNEW YORK, Aug 26 (Reuters) - Elliott Investment Management and Southwest Airlines (LUV.N) will meet early next month for the first time to discuss potential changes at the airline, both...
Elliott Sends Letter to the Board of Southwest Airlines - PR …
WEBJul 8, 2024 · Elliott noted that the actions of Southwest's Board of Directors and management team since its Stronger Southwest materials were published have only solidified the case for leadership...
Activist investor takes $1.9 billion stake in Southwest Airlines ... - CNN
WEBJun 10, 2024 · Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier.
SOUTHWEST AIRLINES COMMENTS ON LETTER AND PRESENTATION FROM ELLIOTT ...
WEBDALLAS, June 10, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today reiterated its willingness to meet with Elliott Investment Management L.P. ("Elliott") to further discuss the airline's strategy to enhance value for all Shareholders:
Hedge fund Elliott Investment Management steps up pressure on Southwest …
WEBSep 3, 2024 · DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
An investment firm has taken a $1.9 billion stake in Southwest Airlines ...
WEBJun 10, 2024 · DALLAS (AP) — Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems.
Elliott seeks 10 of the 15 board seats at Southwest in bid to ...
WEBAug 14, 2024 · DALLAS (AP) — Elliott Investment Management is launching a proxy fight with Southwest Airlines and plans to nominate 10 candidates for the 15-member board of an the airline where performance has lagged behind competitors.
SOUTHWEST AIRLINES ANNOUNCES NEXT PHASE OF …
WEBDALLAS, Sept. 10, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today announced the next phase of the Board's transformation, including significant ongoing refreshment ...