Elliott Wants to Shake Up Southwest Airlines' Board
LUVSouthwest Airlines(LUV) Investopedia·2024-08-14 22:37

Key TakeawaysElliott Investment Management says it intends to nominate 10 directors to Southwest Airlines' 15-person board.Elliott, which manages funds that own around 11% of the Dallas-based airline, has been fighting to change the board and leadership at the carrier.Southwest said it will evaluate Elliott's director nominees as "part of its ongoing board refreshment process." Its shares were little changed in morning trading. Elliott Investment Management is preparing to launch a fight for control for co ...