Southwest Airlines is changing its board of directors as the Dallas-based airline faces pressure from an activist investor and the need to be profitable for its shareholders.

On August 13, Elliott Investment Management, which has about 11 percent economic interest in Southwest Airlines, proposed an overhaul of the airline’s Board of Directors to improve its performance and ...

In a transformative moment for U.S. Virgin Islands tourism and economic development, Southwest Airlines has officially ...

Dallas-based Southwest Airlines announced a board shakeup Tuesday after months of pressure from hedge fund Elliott Investment Management.

--Southwest Airlines Co. today announced the appointments of David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson as independent directors of the Board in connection with ...

Who is billionaire Rakesh Gangwal? Meet the co-founder of IndiGo Airlines parent company InterGlobe Aviation, and Chairman of ...

Southwest Airlines (LUV) and Elliott Management have reached a settlement agreement, avoiding a potential proxy fight. The deal includes appointing six new directors to Southwest's board — five ...

Southwest (LUV) Airlines announced the appointments of David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson as independent directors of the Board in connection with ...

DALLAS – The investment group pushing for major changes at Dallas-based Southwest Airlines has called for a special meeting to replace the company's board of directors. In a news release Monday ...

The new independent chair of Southwest Airlines' board of directors has taken the place of the carrier's former Southwest CEO, who agreed to retire early from his role as chair as part of a ...

Rakesh Gangwal, Southwest Airlines Director, said, "On behalf of the Board, I want to thank Gary for his countless contributions to Southwest throughout his career.