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Southwest's Board issued the following statement in response: Elliott's Special Meeting request is unnecessary and inappropriate considering the extreme nature of Elliott's demands.
Overview of the Recent Transaction. On September 24, 2024, Elliott Investment Management L.P. (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 3,028,000 shares of Southwest Airlines Co (NYSE:LUV).
Oct 14 (Reuters) - Elliott Investment Management is taking its fight with Southwest Airlines (LUV.
Top Institutional Holders HolderSharesValue Vanguard Group Inc 68.23M 2,259,680,386 Elliott Investment Management L.p. 61.12M 2,024,178,414 Capital World Investors 57.47M 1,903,501,260 Primecap Management Company 49.67M 1,645,054,5816 more rows
Robert E Jordan (–) Southwest Airlines / CEO
Southwest CEO Bob Jordan on new initiatives: This is a transformational change for the company.
DALLAS – Southwest Airlines has named Rakesh Gangwal as the independent chair of the board of directors. Gangwal, an airline executive and entrepreneur, has been a member of the Southwest Airlines board of directors since July 8.
He is about to enter the 37th year of his career at Southwest Airlines and has occupied a plethora of roles with the company before being elevated to the CEO's position in 2022.
The ownership structure of Southwest Airlines (LUV) stock is a mix of institutional, retail, and individual investors. Approximately 59.74% of the company's stock is owned by Institutional Investors, 11.04% is owned by Insiders, and 29.22% is owned by Public Companies and Individual Investors.
Bob Jordan Current Workplace Company. Southwest Airlines. Address. PO Box 36611, Dallas, Texas, 36611, United States. Phone Number. (214) 792-4000. Number of Employees. 73,463.