Boards
by Mark DesJardine and Elina Tetelbaum
February 18, 2025
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Summary.
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In June 2024, Elliott Investment Management announced a $1.9 billion investment in Southwest Airlines. Elliott advocated for strategic changes and leadership replacement, nominating 10 candidates to Southwest’s 15-member board. Just months later, the two parties reached an agreement that included shrinking the board by two seats and appointing six new directors, five of whom were initially proposed by Elliott.
Read more on Boards or related topics Corporate governance and Finance and investing
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Read more on Boards or related topics Corporate governance and Finance and investing