The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...

Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

Elliott Investment Management built up an 11% stake in Southwest and is seeking a top-level shake-up.

Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team ...

Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...

Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by ...

Hedge fund titles have become a part of the industry's talent war. "It's extremely tough to know who's real and who isn't," ...

The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...