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Southwest Airlines shakes up its board under pressure from a big shareholder

Shares of Southwest Airlines Co. fell 4% in morning trading Tuesday. Elliott, the fund led by billionaire investor Paul Singer, has built a 10% stake in...

By: Yahoo Entertainment

Oct 01 2024
7
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Southwest Airlines shakes up its board under pressure from a big shareholder

Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert Jordan in a partial concession to hedge fund Elliott Investment Management, which ha… [+4348 chars]

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The stunning maneuvers flown by US Air Force demo pilots showcase dogfighting skills