09:26 AM EDT, 10/24/2024 (MT Newswires) -- (Updates to add the response from Elliott in the last paragraph.)
Southwest Airlines ( LUV ) said Thursday it has appointed six new independent directors to its board in connection with agreements reached with activist investor Elliott Investment Management.
David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky, Patricia Watson and Pierre Breber were all appointed to the Southwest ( LUV ) board, effective Nov. 1.
"We are pleased to have come to an agreement with Southwest ( LUV ) on the addition of six new directors that will enhance and revitalize its Board. They are all highly qualified and will bring diverse skills and backgrounds to the task of overseeing Southwest ( LUV ) under the leadership of a new Board Chairman," Elliott Partner John Pike and Portfolio Manager Bobby Xu said in response to MT Newswires' request for comment.
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