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

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

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...

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

The settlement deflects a potentially rancorous proxy fight.

DALLAS (AP) — Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 ...

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

Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team ...

Elliott Investment Management built up an 11% stake in Southwest and is seeking a top-level shake-up.

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

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