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Gary C. Kelly, Southwest Airlines and Rakesh Gangwal
Southwest Airlines names Rakesh Gangwal as board chair following Gary Kelly's retirement
DALLAS – Southwest Airlines has named Rakesh Gangwal as the independent chair of the board of directors. Gangwal, an airline executive and entrepreneur, has been a member of the Southwest Airlines board of directors since July 8. Previously, he served on the boards of US Airways Group, CarMax, Office Depot, OfficeMax and PetSmart.
Southwest Airlines names Rakesh Gangwal as new board chair
Southwest
Airlines
has named former US Airways CEO Rakesh Gangwal as its new independent chair of the
board
of directors
. Gangwal joined the
board
in July, shortly after activist investor Elliott Investment Management disclosed a stake in the Dallas-based ...
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 appoints new board chair, committee chairs
Gangwal has served on Southwest’s board since July and his appointment as the board’s chair comes after Kelly and six other directors retired Nov. 1. Co-founder and CEO Herb Kelleher held the position from 1978 to 2008, followed by Kelly, according to our partners at the Dallas Business Journal.
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.
Southwest Airlines Bends To Activist Investor, Restructures Board
The carrier’s concessions will avert a proxy fight in exchange for naming six new directors. Notably, Southwest CEO Bob Jordan will keep his job.
IndiGo co-founder Rakesh Gangwal appointed Chair of Southwest Airlines board
Indian businessman Rakesh Gangwal, co-founder of low-cost carrier IndiGo, has been appointed independent Chair of the Southwest Airlines board of directors, replacing Executive Chairman Gary Kelly. Kelly served in this role since 2008,
Southwest chairman will 'accelerate retirement' and step down next week, as board appoints 6 new directors
Kelly was previously expected to retire sometime next year, as company officials have faced pressure from activist investor Elliott Management.
SOUTHWEST AIRLINES NAMES RAKESH GANGWAL CHAIR OF THE BOARD AND ANNOUNCES NEW COMMITTEE CHAIRS
Southwest Airlines Co. (NYSE: LUV) ("Southwest" or the "Company") today announced the appointment of Rakesh Gangwal as independent Chair of the Board of Directors and named new Board Committee Chairs,
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
Southwest Airlines Names Rakesh Gangwal Independent Board Chair
Southwest Airlines, which recently struck a truce with activist investor Elliott Investment Management, on Monday said it has named longtime airline executive Rakesh Gangwal as independent board chair.
12d
on MSN
Southwest Airlines reaches settlement with Elliott, adds new directors to board
Southwest Airlines has given in to demands from Elliott Investment Management and agreed to restructure its board leadership ...
12d
SOUTHWEST AIRLINES ANNOUNCES APPOINTMENT OF SIX NEW INDEPENDENT DIRECTORS
Southwest Airlines Co. (NYSE: LUV) ("Southwest" or the "Company") today announced the appointments of David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson as independent ...
KERA News
12d
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 ...
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