Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors.

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DALLAS – Southwest Airlines has named Rakesh Gangwal as the independent chair of the board of directors. Gangwal, an airline ...

Elliott Investment Management is slightly increasing its economic exposure to 11.3% in Southwest Airlines Co. after agreeing ...

Southwest Airlines (LUV) and Elliott Management have reached a settlement agreement, avoiding a potential proxy fight. The deal includes appointing six new directors to Southwest's board — five ...

Elliott Investment Management is slightly increasing its economic exposure to 11.3% in Southwest Airlines Co. after agreeing ...

IndiGo co-founder Rakesh Gangwal has been appointed as independent Chair of Southwest Airlines board of directors.

After months of tense negotiations and public stunts, it appears that the drama between West Palm Beach, Florida-based hedge ...

Gangwal’s appointment marks the end of a tense battle with activist investor Elliott, which had long been pushing for significant leadership changes at Southwest.

Elliott, which owns 11% of Southwest, did not gain control of the board, and the airline made no major strategic shifts that ...

Gangwal has served on Southwest’s board since July and his appointment as the board’s chair comes after Kelly and six other ...