Activist Investor Pushes for Leadership Overhaul at Southwest Airlines with $1.9 Billion Stake
Elliott Investment Management has acquired a $1.9 billion stake in Southwest Airlines, urging significant leadership changes at the Dallas-based carrier. Announcing their position on Monday, Elliott criticized Southwest’s current leadership for poor execution and an outdated strategy that has resulted in disappointing outcomes for shareholders, employees, and customers. “Southwest’s poor execution and leadership’s stubborn unwillingness…
