Southwest settles proxy fight with hedge fund

Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial performance.
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.
Southwest settles proxy fight with hedge fund and reports smaller third-quarter profit
Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by Elliott Investment Management.
Southwest Airlines and its activist hedge fund foe might become friends
Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team might be about to reach an agreement to end their continuing proxy battle.
Southwest Heard Footsteps Before Elliott Launched Proxy Fight
Southwest Airlines Co. Chief Executive Officer Bob Jordan says he knew the activists were coming. He just didn’t know which one.
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight attendants who ratified a new labor contract.
Southwest settles proxy fight with hedge fund
Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a former Chevron executive.
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
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.
Southwest settles proxy fight, reports smaller profit
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 Inv
Southwest Airlines Bends To Activist Investor, Restructures Board
The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...
Southwest Airlines plans to speed up its turnaround — literally
After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...
Southwest Airlines Ends Feud With Activist Investor Elliott
The settlement deflects a potentially rancorous proxy fight.