A Southwest Airlines director bought $100 million in stock to fight activist investor Elliott
Southwest Airlines (LUV) just got a big endorsement of its turnaround plan — from the inside. Reuters reports that board of directors member Rakesh Gangwal, the founder of the Indian budget airline Indigo,
Southwest Director Buys Over $100M In Stock, Wary Of Further Turnover is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN ...
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Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott ...
Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh ...
Southwest Airlines is changing its board of directors as the Dallas-based airline faces pressure from an activist investor and the need to be profitable for its shareholders. On Monday ...
In a series of transactions disclosed over seven filings, Gangwal acquired 3.6 million of the carrier’s common shares for ...
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One of the signature parts of the Southwest Airlines experience has long been the idea that boarding position mattered a lot ...
Southwest Airlines has appointed Robert Fornaro to its board of directors as it continues to overhaul its board amidst a proxy battle with activist investor Elliot Investment Management (Elliott). The ...
Six members of Southwest Airlines’ board of directors will retire in November, and the board’s executive chairman and former CEO Gary Kelly will step down after the 2025 annual meeting.
Southwest Airlines announced a big shakeup on its board of directors in an attempt to appease its activist investor. (Photo by Scott Olson) Following three months of intense pressure from a much ...
Southwest said Tuesday that six directors will leave the board in November and it plans to appoint four new, independent directors, potentially including candidates put forward by Elliott.
26, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE ... He previously served on the Board of Directors of Spirit Airlines beginning in May 2014 until September 2019 and as President and Chief ...
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