Jul 8, 2024, 3:15 PM
Jul 8, 2024, 2:18 PM

Southwest adds a former US Airways CEO to its board as it battles an activist

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Southwest Airlines activist Elliott threatens proxy fight for new leadership

Activist Elliott said in a letter to Southwest's board that shareholders and stakeholders were supportive of its campaign and that it would seek a vote soon.

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Source
Southwest adds former US Airways CEO to board as it battles activist

Rakesh Gangwal will join Southwest's board as part of a 'deliberate' effort to refresh the airline's leadership amid Elliott Management's push for change.

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