Southwest, Elliott Settle Proxy Fight
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Southwest AirlinesCNBC
•Southwest and Elliott strike deal to keep CEO Jordan in place, add six new directors
71% Informative
The deal includes the addition of six directors to the airline's board and the accelerated retirement of executive chairman Gary Kelly .
The deal allows CEO Bob Jordan to keep the top job.
Five of Elliott 's board nominees along with former Chevron CFO Pierre Breber will join the board.
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