Elliott Calls for December 10 Special Meeting at Southwest as It Looks to Replace Board

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As Southwest promises to make changes to its business model, Elliott is still pushing its case for new leadership.
Elliott Investment Management said Monday that it is requesting a December 10 special meeting for Southwest Airlines shareholders, kicking off the hedge fund’s first proxy fight since 2017.
Elliott, which has an 11% stake in Southwest, said it wants to elect its eight nominees to the carrier’s board of directors.
“We are taking this step today because the need for improved oversight a