financetom
Business
financetom
/
Business
/
Southwest names aviation veteran Gangwal as board chairperson
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Southwest names aviation veteran Gangwal as board chairperson
Nov 4, 2024 5:08 AM

(Reuters) - Southwest Airlines ( LUV ) on Monday named aviation industry veteran Rakesh Gangwal as the chairperson of its board.

The airline brought in the co-founder of India's InterGlobe Aviation to its board in July after pressure from activist investor Elliott Investment Management.

Last month, Southwest ( LUV ) settled its boardroom feud with Elliott in a deal that allowed CEO Bob Jordan to retain his job by making bigger board-level concessions.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Arun Koyyur)

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 >
Trump invokes 'golden share' to block U.S. Steel plans for Illinois plant, WSJ reports
Trump invokes 'golden share' to block U.S. Steel plans for Illinois plant, WSJ reports
Sep 21, 2025
(Reuters) - The Trump administration blocked U.S. Steel's plan to shut down production at one of its plants in Illinois, flexing its so-called golden share authority, the Wall Street Journal reported on Friday, citing a person familiar with the matter. U.S. Steel, now owned by Tokyo-based Nippon Steel, said in a statement on Friday that it has reversed its decision...
More than 1,800 flights disrupted at Dallas airport due to telecom
More than 1,800 flights disrupted at Dallas airport due to telecom
Sep 21, 2025
WASHINGTON, Sept 19 (Reuters) - More than 1,800 flight were delayed and hundreds were canceled at the two Dallas-area airports on Friday, after a telecom outage prompted the Federal Aviation Administration to issue ground stops. The FAA said it was slowing traffic due to a reported local telephone company equipment issue that does not involve FAA equipment. The FAA is...
Trump to impose $100,000 fee per year for H-1B visas, in likely blow to tech
Trump to impose $100,000 fee per year for H-1B visas, in likely blow to tech
Sep 21, 2025
By Aditya Soni, Kristina Cooke and Jeff Mason SAN FRANCISCO/WASHINGTON (Reuters) -The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B worker visas, potentially dealing a big blow to the technology sector that relies heavily on skilled workers from India and China. Since taking office in January, Trump has kicked off a wide-ranging...
Trump to impose $100,000 fee per year for H-1B visas, in likely blow to tech
Trump to impose $100,000 fee per year for H-1B visas, in likely blow to tech
Sep 21, 2025
By Aditya Soni, Kristina Cooke and Jeff Mason SAN FRANCISCO/WASHINGTON (Reuters) -The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B worker visas, potentially dealing a big blow to the technology sector that relies heavily on skilled workers from India and China. Since taking office in January, Trump has kicked off a wide-ranging...
Copyright 2023-2026 - www.financetom.com All Rights Reserved