Leslie Josephs,Rohan Goswami, Author at liquidityledger.com

Southwest Chair Kelly to step down next year amid Elliott fight

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California. Mario Tama | Getty ImagesSouthwest Airlines said Tuesday that executive chairman and former CEO Gary Kelly will retire next year and announced a board shakeup, moves that comes as...

Southwest Airlines faces activist challenge from Elliott

A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | ReutersActivist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals.Elliott...