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 ...

A newly reconstituted board of directors at Southwest Airlines took shape this week, just as the airline quietly raises fees ...

Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors. Gangwal joined the board in July, shortly after activist investor Elliott ...

“Absent a thorough reconstitution of its board, the story of Southwest will remain one of empty promises and unfulfilled potential,” Elliott said in a release naming its proposed director ...

Dow has been struggling to grow for several quarters. Keytruda now makes up close to half of Merck's revenue. As you can see ...

Tim Cook has helped guide co-founder Phil Knight and Executive Chairman Mark Parker through the world’s largest sportswear ...

Board members are eligible to receive equity grants and retirement payments as well. According to the agreement with Elliott, two incumbent Southwest directors will not stand for re-election to ...

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 ...

Oct. 14 (UPI) --The investment hedge fund Elliott has called for a December special meeting of the Southwest Airlines board of directors as it pushes for major changes at the Texas-based airline.