Southwest exec who rolled out unpopular change is out
Ryan Green wrote of the "ride of a lifetime" on LinkedIn.
Since the summer of 2024, Southwest Airlines (LUV) has been engaged in a drawn-out proxy battle with its main investor.
After buying enough company stock to be able to call shareholder meetings, hedge fund Elliot Investment Management has repeatedly called for the ouster of CEO Bob Jordan over what it sees as "poor execution and leadership's stubborn unwillingness to evolve."
