Skift Take
The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy fight.
Southwest announced Thursday the appointment of six new directors to its board as part of a settlement with activist investor Elliott Investment Management.
Of the six directors, five are Elliott’s picks. The list includes:
David Cush, former CEO of Virgin America Sarah Feinberg, former head of the Federal Railroad Administration and former Department of Transportation official Dave Grissen, former Group President of Marriott International Gregg Sarets