Citing sources familiar with the matter, Bloomberg News and CNBC reported Sunday that the potential settlement would give Elliott a number of directors but not control of the board. Both ...
Southwest Airlines has given in to demands from Elliott Investment Management and agreed to restructure its board leadership ...
The company also announced the appointment of six new board directors in what Kelly described as a "collaborative resolution" with Elliott Management, the activist investor that has pushed for ...
The proxy battle at Southwest Airlines is seemingly over, with the airline appointing six new and independent members to its ...
Kelly said, “We are pleased to have reached a collaborative resolution with Elliott, continuing our Board refreshment with the addition of new directors who bring complementary skills and ...
The size of the board is expected to shrink to 12 people next year and the company has signaled a willingness to appoint three directors with Elliott's input. But it also said on Monday that the ...
A Southwest Airlines Boeing 737 aircraft departs Ronald Reagan Washington National Airport. Photo: Getty Images Elliott Investment Management is taking its fight with Southwest Airlines to ...