Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board ...

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 ...