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Southwest Airlines, Gary C. Kelly
Southwest Airlines Executive Chairman Gary Kelly retires early, Board announces new members
Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot Investment Management.
IndiGo co-founder Rakesh Gangwal appointed Chairman of Southwest Airlines
Billionaire and IndiGo co-founder Rakesh Gangwal has been appointed as the Chairman of Southwest Airlines, the U.S.-based carrier announced, media reports said.
IndiGo Co-Founder Succeeds Kelly To Chair Southwest Board
New Southwest Airlines director Rakesh Gangwal will serve as independent chair of the company’s board of directors, replacing Gary Kelly who has stepped down from his executive chairman post.
Southwest Airlines Announces 6 New Board Directors, Accelerated Retirement for Executive Chairman
The appointments come as part of an agreement with activist investor Elliott Investment Management and are effective as of Nov. 1. Following his departure from the board and related responsibilities,
Southwest Airlines names Rakesh Gangwal as new board chair
Southwest
Airlines
has named former US Airways CEO Rakesh Gangwal ... Previously,
Southwest
’s board was led by former executive
chairman
Gary Kelly, but he and six other directors retired on Nov. 1. “We are embarking on the next era of change at ...
Southwest appoints Rakesh Gangwal as board chair
Southwest Airlines on 4 November disclosed the appointment of Rakesh Gangwal as independent chair of the company's board of directors, filling the role left vacant by former executive chairman Gary Kelly.
Rakesh Gangwal Named Southwest Airlines Chairman
IndiGo co-founder Rakesh Gangwal appointed as Chairman of Southwest Airlines. He joined the board in July and recently acquired shares worth USD 108 million.
Southwest Airlines names IndiGo co-founder Rakesh Gangwal as chairman
In September and early October, Gangwal bought 3.6 million shares of Southwest, with transaction prices between $29 and $30 per share, amounting to a $108 million investment, according to SEC filings.
IndiGo co-founder Rakesh Gangwal appointed Chair of Southwest Airlines board
IndiGo co-founder Rakesh Gangwal has been appointed as independent Chair of Southwest Airlines board of directors.
Southwest Airlines Names Rakesh Gangwal Chair Amid Board Shakeup
Before joining Southwest’s board in July, he served on the boards of US Airways Group, CarMax, Office Depot, OfficeMax, and PetSmart. Gangwal was previously the CEO and chairman of US Airways Group and holds an MBA from the Wharton School of the University of Pennsylvania.
Southwest names Rakesh Gangwal as independent chair of board
Airlines announced the appointment of Rakesh Gangwal as independent Chair of the Board of Directors and named new Board
Texas Public Radio
13d
Southwest Airlines names new directors, enters agreement with management firm
The Dallas-based airline announced six new independent directors after facing months of pressure from investment management ...
13d
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...
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