Elliott Management ousted much of the board at Southwest Airlines, with Gary Kelly announcing his retirement amid broader board turnover.
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Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.
Southwest Airlines executives told Bloomberg that they’ve seen an increase in pilots who apply to the airline.
The data are conclusive – but don’t let it keep you from flying.
The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.
In 2018, Boeing ran into extreme turbulence. In just five months, two 737 MAX crashed in Indonesia and Ethiopia, resulting in 346 deaths.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.