Southwest Airlines Co. is preparing for a proxy showdown with activist investor Elliott Investment Management. The Dallas-based airline's top leadership has described the situation as a 'battle for the heart of our company.' Elliott Investment Management has sent a letter to Southwest Airlines' investors advocating for a leadership change, suggesting the need for new outside leadership. The investment firm aims to engage with shareholders to influence the company's direction. Elliott Investment Management is a key player in this potential leadership change.
Elliott lays out its case in letter for leadership change at Southwest Airlines https://t.co/XB1vRsyS8r https://t.co/oLzlxHrHj5
Elliott lays out its case in letter for leadership change at Southwest Airlines https://t.co/KGZ4o7La0b
🔵 ELLIOTT LAYS OUT ITS CASE IN LETTER FOR LEADERSHIP CHANGE AT SOUTHWEST AIRLINES Full Story → https://t.co/8tRNge7PL9 Elliott Investment Management is telling Southwest Airlines investors the company needs new outside leadership and that it wants to engage to shape a… https://t.co/kMGDqoqVIN