Elliott, Southwest Airlines
Elliott still wants Southwest Airlines CEO Bob Jordan out, union says
Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor had its way, one of the airline’s unions told members this week.
In Depth
Exclusive: Activist Elliott tells Southwest Air mechanics it still wants CEO's ouster, memo says
Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace CEO Robert Jordan, according to a union memo seen by Reuters, even after the carrier pledged to shake up its board.
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to increase its profits.
Southwest Airlines to keep CEO despite Elliott’s call of ‘inadequate’ management
Southwest Airlines’ stock fell Tuesday, after the air carrier expressed confidence in Chief Executive Bob Jordan’s leadership, despite calls from activist investor Elliott Investment Management L.P. that management was “inadequate.
Southwest Airlines Petition To Stop Elliott's Influence Receives Over 700 Signatures
Its creator slammed the head of the investment management company for dismantling companies and profiting off short-term gains.
Elliott Management wants Southwest CEO out
Elliott Management wants Bob Jordan out as Southwest Airlines ( NYSE: LUV) CEO and executive chairman Gary Kelly to leave sooner than planned, according to a memo viewed by Reuters.
Southwest Airlines warns of ‘difficult decisions’ to restore profits
Steps Southwest Airlines has already announced, including ditching a 50-year history of not assigning seats, offering a ...
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and ...
Southwest Airlines chairman Gary Kelly to step down amid investor pressure
Responding to pressure from Elliott Investment Management, Southwest Airlines said its chairman Gary Kelly will retire next ...
Southwest Airlines shakes up its board under pressure from a big shareholder
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert ...
Southwest Airlines chairman to retire, 6 board members to resign after push from major shareholder
DALLAS – Southwest Airlines will revamp its board of directors, and longtime Chairman Gary Kelly will retire next year, the ...
Southwest Airlines shakes up board after coming under pressure from big shareholder
Hedge fund Elliott Investment Management blames Southwest’s management for the airline’s stock price dropping by more than ...
Southwest Airlines: Navigating Operational Challenges and Downgraded Profitability Outlook
Jefferies analyst Sheila Kahyaoglu maintained a Sell rating on Southwest Airlines (LUV – Research Report) today and set a price target of ...