Southwest Airlines ( (LUV) ) has shared an update.
Southwest Airlines has announced a significant board reshuffle, appointing six new independent directors, including former Chevron CFO Pierre Breber and ex-Virgin America CEO David Cush. This strategic move follows a cooperation agreement with Elliott Investment Management, aiming to strengthen governance and drive long-term shareholder value. The board will also see the retirement of Executive Chairman Gary Kelly and six other directors, while Gregg Saretsky will chair the refreshed Finance Committee. These changes reflect Southwest’s ongoing commitment to enhancing business performance and operational execution.
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