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Southwest Board Sees Two Activist Directors Depart

Summary

  • Two directors representing Elliott Investment Management are leaving the board.
  • The departures are effective February 23, 2026.
  • Southwest's board size will decrease from 13 to 11 members.
Southwest Board Sees Two Activist Directors Depart

Southwest Airlines announced that two directors appointed by activist investor Elliott Investment Management will resign from its board. The resignations are scheduled to take effect on February 23, 2026.

David Cush and Gregg Saretsky, the departing directors, joined the board in October 2024. Neither individual's departure is attributed to any disputes concerning Southwest's operational policies or practices.

Following these changes, Southwest Airlines plans to reduce the overall size of its board. The number of board members will decrease from the current 13 to 11.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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