News

Why Southwest Airlines Stock Dived by Nearly 4% on Friday
Southwest Airlines ( LUV -3.54%) announced a sudden change in its corporate governance, and that shift rattled some investors ...
Southwest Replaces Chairman After Less Than One Year in Job
Southwest Airlines Co. said Rakesh Gangwal is resigning as chairman, a little over a year after joining the board and serving ...
Southwest Shakeup: Airline Announces Leadership Changes, Faces Widespread Internet Outage
Southwest Airlines has been navigating some turbulent times of late. It all got a little bit worse on Thursday when the ...
Internet Outage Brings Southwest Flights to a Halt as Airline Faces More Turbulence at the Top
Southwest Airlines suffered a major internet outage on 31 July 2025, grounding roughly 40% of its national departures and triggering a board chair transition amid ongoing operational upheaval.
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Southwest reshuffles its board leadership
Doug Brooks is the new chairman of Southwest Airlines, replacing Rakesh Gangwal, who remains on the board and will chair the new fleet oversight committee.
Elliott Statement on Southwest Governance Changes
Elliott Investment Management L.P. ("Elliott") today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Rakesh Gangwal's decision to step down ...
Southwest's new policy change sparks backlash—'money grab'
Southwest is now charging passengers to select their seats. This follows on from its recent decision to introduce new baggage ...
Southwest Airlines Co.: Southwest Airlines Announces Governance Changes
Rakesh Gangwal steps down as independent Chair, remains on the Board Doug Brooks appointed as new independent Chair Board forms new Ad Hoc Fleet Oversight Committee ...
SOUTHWEST AIRLINES ANNOUNCES GOVERNANCE CHANGES
Southwest Airlines Co. (NYSE: LUV) today announced the appointment of Doug Brooks as the new independent Chair of the Board, effective Aug. 1, 2025. This appointment follows Rakesh Gangwal's decision ...