Sep. 10, 2024 11:20 AM EDT
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert Jordan in a partial concession to hedge fund Elliott Investment Management, which has been pushing for changes at the airline including Jordan’s ouster.
Southwest said...
Sep. 03, 2024 17:22 PM EDT
DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company's stock to call a special meeting of shareholders.
The move gives Elliott, the Paul Singer-led investment fund, more...