Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by ...

Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

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 ...

Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a ...

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...

The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...

The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob ...

Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...

Southwest said third-quarter profit, excluding special items, works out to 15 cents per share, which beat a forecast of six ...

Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot ...

Southwest Airlines is reporting that third-quarter profit fell nearly two-thirds from a year ago despite an increase in revenue ...