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The Latest Breaking News from Gary Kelly

Here's how Southwest plunged from beloved airline icon to activist investor target

Southwest was a customer darling. But 'active inertia' hobbled the stock and precipitated a leadership crisis.

Fortune

Elliott, Southwest Airlines Close To Reaching Settlement To Avert Board Battle: Report

The parties are currently negotiating terms that would provide Elliott with a number of board seats, though less than the majority, to ensure that control remains with the airline, according to a report.

International Business Times

Southwest Airlines faces a once unthinkable change

Southwest Airlines is under fire.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

Can Southwest CEO Bob Jordan keep activists at bay?

Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott Management.

Fortune

Southwest stock surges 10% as airline presents turnaround plan

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.

Fortune

How much will Southwest Airlines change to boost profits? Some details are emerging

Southwest Airlines leaders say they will provide more details about their plan to change the airline and increase profits

The Independent UK

This is why a Southwest Airlines investor is telling shareholders to buy back shares ASAP

Major changes are being demanded at the airline.

The Street

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Southwest shares drop with chairman retiring amid Elliot pressure

Elliot announced in June that it had built a 11% stake in the airline and called for the departures of Kelly and CEO Bob Jordan.

Fortune

Southwest Airlines To Revamp Board, Keep CEO Amid Investor Pressure

Southwest Airlines faces changes as it revamps its board and considers CEO replacement, responding to pressure from Elliott Investment Management.

Top News

Southwest Airlines 'Succession'-style investor battle takes first victims

The airline announces a major change.

The Street

Southwest Chairman Gary Kelly To Retire As Struggling Airline Shakes Up Board

The moves come after a meeting with large shareholder Elliott Investment Management.

International Business Times

Fears that Southwest will come after two bag policy mount

The airline’s new investors are pushing for bigger cost-cutting.

The Street

Analyst resets Southwest stock price target on revenue initiatives

This is what could happen next to Southwest Airlines shares.

The Street

Southwest's Gary Kelly is fighting off an activist bid with a poison pill after piloting the airline through COVID

Elliott Management is seeking to oust CEO Bob Jordan and Kelly after disclosing a $1.9 billion stake.

Fortune

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The Independent UK

Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company

Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company

The Canberra Times

What led ASIC to ban a Canberra property developer

Former directors had links to more than 40 companies.

The Street

Southwest Airlines Avoids a Pilots Strike (For Now)

While the airline has moved past its holiday meltdown, it still has major problems it needs to resolve.

Leeds Live

Leeds United’s last opening day post-relegation Championship XI - where are they now?

We look back at the Leeds United side that began life outside the top flight following their 2004 relegation from the Premier League

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news in one place.

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The Street

Here's How Much the Southwest Airlines CEO Made in 2022 (Despite Infamous Meltdowns)

Money can buy a lot of things, but it can't always buy competence.

Tribune News Service

Southwest Airlines CEO Bob Jordan got $2 million pay bump for 2022

DALLAS — Southwest Airlines CEO Bob Jordan pocketed a 75% pay and compensation increase in his first year on the job, a year that ended in an epic debacle as the carrier’s operations melted down during the holidays.

Leeds Live

Shane Long opens up on Leeds United affection and idolising Gary Kelly

Shane Long loved Leeds United's Irish connection under David O'Leary.

The Street

Southwest Airlines Slaps Passengers, Pilots in the Face

The airline's chief operating officer appeared before the U.S. Senate and what he said should make you mad (the airline's pilots certainly are).

Manchester Evening News

The tragedy of a grieving man who was 'batted back and forth' when he needed help

Gary Kelly was 'emotionally, financially and physically' reliant upon his late partner, an inquest heard

The Street

Southwest Airlines Has a Problem Bigger Than its Technology

Passengers should be very concerned about the message being sent by the airline's pilots.

Tribune News Service

Southwest’s holiday meltdown was decades in the making

Are you done with Southwest Airlines, after your Christmas and New Year’s travel was ruined by the airline?

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