The proxy battle at Southwest Airlines is seemingly over, with the airline appointing six new and independent members to its ...

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Six new directors will join the Southwest board, including five of Elliot's nominees; chairman and former CEO will step down ...

Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to ...

In a settlement with minority stakeholder Elliott Investment Management, Southwest Airlines is appointing six new directors ...

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

Southwest Airlines Co. (NYSE:LUV) shares fell by 3% during morning Thursday trading in New York, despite the airline reporting better-than-expected third-quarter earnings and reaching a pivotal ...

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

Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...

Kelly was previously expected to retire sometime next year, as company officials have faced pressure from activist investor ...

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