Official press release from Southwest Airlines or SEC filings.

Elliott Requests December 10 Special Shareholder Meeting at Southwest Airlines to Replace Eight Board Members, Holds 11% Stake

Oct 14, 2024, 12:07 PM

Elliott Investment Management has formally requested a special shareholder meeting at Southwest Airlines, marking the activist investor's first proxy fight in the U.S. since 2017. The meeting is scheduled for December 10, 2024. Elliott, which holds an 11% stake in the airline, is seeking to replace eight members of the board of directors. This move follows prior discussions between Elliott and Southwest Airlines, highlighting the investor's ongoing efforts to influence the company's governance and strategic direction.