Shakeup continues at Southwest Airlines

KRLD News

The shakeup continues at Southwest Airlines, which has announced that six members of its board of directors will be stepping down in November. Their replacements will be chosen by the hedge fund Elliott Investment Management, which officially owns 10% of the company. Southwest also announced that its chairman Gary Kelly will retire next year. KRLD business analyst David Johnson joined Mike Rogers and Austin York to break it down.

Photo: A Southwest Airlines jet takes off at Laguardia AIrport on Nov. 10, 2022, in the Queens borough of New York City. (Photo by Bruce Bennett/Getty Images)