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 ...

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

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

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 ...

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