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
WEBSept. 10, 2024 Updated 11:00 a.m. ET. Southwest Airlines on Tuesday announced an overhaul of its board of directors, including the planned departure of its executive chairman, Gary Kelly, after a ...
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.
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.
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 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...
Elliott Sends Letter and Presentation to the Board of Southwest Airlines
WEBJun 10, 2024 · Elliott's letter asserts that the Company's failure to modernize is underscored by Southwest's December 2022 operational meltdown, which stranded more than two million travelers over the...
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...
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 companies...
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: