Elliott Investment Management wants to see significant leadership changes at Southwest Airlines.
Executive chairman Gary Kelly will retire next year, but that may not be enough for the activist investor agitating at Southwest.Southwest Airlines CEO Bob Jordan speaks during the Chase Make Your Move Summit, Thursday, Nov. 2, 2023, in Frisco, Texas.CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor had its way,“...
Southwest has also been meeting with unions to discuss Elliott. According to the Aircraft Mechanics Fraternal Association, it met with the company in Dallas on Aug. 28 and was required to sign a Non-Disclosure Agreement because it included information regarding Southwest’s future business plans.
The union is currently considering more proposed meetings with Elliott.
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