Southwest Airlines has given in to demands from Elliott Investment Management and agreed to restructure its board leadership ...

After months of tense negotiations and public stunts, it appears that the drama between West Palm Beach, Florida-based hedge ...

Southwest Airlines is near a deal with activist Elliott which would stave off a potential proxy fight in exchange for sizable ...

Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors.

Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on ...

Elliott, which owns 11% of Southwest, did not gain control of the board, and the airline made no major strategic shifts that ...

Indian businessman Rakesh Gangwal, co-founder of low-cost carrier IndiGo, has been appointed independent Chair of the ...

Southwest Airlines Co. (NYSE: LUV) announced early Oct. 24 an agreement with activist investor Elliott Investment Management ...

Gangwal has served on Southwest’s board since July and his appointment as the board’s chair comes after Kelly and six other ...

Elliott Investment Management is slightly increasing its economic exposure to 11.3% in Southwest Airlines Co. after agreeing ...

Billionaire and IndiGo co-founder Rakesh Gangwal has been appointed as the Chairman of American carrier Southwest Airlines.

DALLAS – Southwest Airlines has named Rakesh Gangwal as the independent chair of the board of directors. Gangwal, an airline ...