financetom
Business
financetom
/
Business
/
Southwest Airline Plans Board Shakeup, Executive Chairman to Step Down in 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Southwest Airline Plans Board Shakeup, Executive Chairman to Step Down in 2025
Sep 11, 2024 3:35 AM

08:05 AM EDT, 09/10/2024 (MT Newswires) -- Southwest Airlines ( LUV ) said Tuesday that Executive Chairman Gary Kelly is voluntarily stepping down effective after the company's 2025 annual meeting.

The airline also said that six directors will voluntarily step down and will leave following Southwest's ( LUV ) November board meeting. The six directors leaving the board are David Biegler, Veronica Biggins, Roy Blunt, William Cunningham, Thomas Gilligan, and Jill Soltau.

Southwest ( LUV ) also said Bob Jordan has the board's "unanimous support" as chief executive officer.

Southwest ( LUV ) added that its board expects to name four independent directors in the near future, and that the board refresh will reduce the number of board members to 13 after November's board meeting and then to 12 after the 2025 annual meeting.

Price: 29.79, Change: +0.06, Percent Change: +0.20

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Genasys Wins $1 Million in Energy Sector Orders
Genasys Wins $1 Million in Energy Sector Orders
Mar 27, 2025
11:12 AM EDT, 03/27/2025 (MT Newswires) -- Genasys ( GNSS ) won $1 million in new orders for long range acoustic devices for infrastructure security at oil and gas facilities in Australia and Canada and at certain electrical substations of an undisclosed major US utility. The remotely monitored and activated devices help safeguard vital electrical transmission and distribution assets and...
What's Going On With Tonix Pharmaceuticals (TNXP) Stock?
What's Going On With Tonix Pharmaceuticals (TNXP) Stock?
Mar 27, 2025
Shares of Tonix Pharmaceuticals Holding Corp ( TNXP ) are trading lower by 6.8% to $26.83 during Thursday’s session, potentially pulling back on profit-taking, after surging around 60% this week following a regulatory update on its experimental fibromyalgia treatment, TNX-102 SL. What To Know: Tonix announced on Tuesday that the FDA will not require an Advisory Committee meeting for its...
Occidental Petroleum Unusual Options Activity For March 27
Occidental Petroleum Unusual Options Activity For March 27
Mar 27, 2025
Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum ( OXY ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Gold Hart Copper Down 15% as It Announces Launch of a Drilling Program at the Tolita Target in Chile
Gold Hart Copper Down 15% as It Announces Launch of a Drilling Program at the Tolita Target in Chile
Mar 27, 2025
11:06 AM EDT, 03/27/2025 (MT Newswires) -- Gold Hart Copper (HART.V) was last seen down 15% after the company on Thursday said drilling is underway at its Tolita target where the Maricunga Gold Belt meets the emerging Vicuna Copper Belt in Chile. According to the statement, the Tolita property is a historically significant gold-copper asset for its uniquely high grades...
Copyright 2023-2026 - www.financetom.com All Rights Reserved