{"id":88487,"date":"2024-06-11T00:16:44","date_gmt":"2024-06-11T04:16:44","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88487"},"modified":"2024-06-11T00:00:45","modified_gmt":"2024-06-11T04:00:45","slug":"elliott-takes-1-9-billion-stake-in-southwest-airlines-seeks-to-oust-ceo-and-chair","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2024\/elliott-takes-1-9-billion-stake-in-southwest-airlines-seeks-to-oust-ceo-and-chair.html","title":{"rendered":"Elliott takes $1.9 billion stake in Southwest Airlines, seeks to oust CEO and chair"},"content":{"rendered":"\n<p>(CNBC) Activist\u00a0hedge fund\u00a0Elliott\u00a0Management has amassed a $1.9 billion stake in\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/LUV\/\">Southwest Airlines<\/a>\u00a0and plans to push for leadership\u00a0changes at the airline that has lagged big rivals. Elliott is seeking to replace Southwest CEO Bob Jordan and Chairman Gary Kelly with outside candidates, the activist said in a letter and presentation Monday. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/06\/10\/southwest-luv-activist-elliott-stake.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Activist\u00a0hedge fund\u00a0Elliott\u00a0Management has amassed a $1.9 billion stake in\u00a0Southwest Airlines\u00a0and plans to push for leadership\u00a0changes at the airline that has lagged big rivals. Elliott is seeking to replace Southwest CEO Bob Jordan and Chairman Gary Kelly with outside candidates, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88487","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88487"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88487\/revisions"}],"predecessor-version":[{"id":88488,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88487\/revisions\/88488"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}