Southwest Airlines CEO says no plans to step down despite pressure from activist Elliott
LUVSouthwest Airlines(LUV) Fox Business·2024-06-13 00:16

Southwest Airlines CEO Bob Jordan said Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management. Jordan, who has served as the carrier’s CEO since February 2022, made the comment on Wednesday while speaking with journalists after an industry-related event.Jordan has received harsh criticism from Elliott, which earlier this week urged Southwest to replace him and Executive Chairman Gary Kelly with new leaders from outside the company. SOUTHWEST SHARES JUMP A ...