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