Two Elliott appointees to resign from Southwest Airlines board
Southwest Airlines said Tuesday that two directors from Elliott Investment Management will step down February 23. The board will shrink to eleven total members.
Insights:
Southwest Airlines Co. announced on February 10, 2026, that two directors representing activist investor Elliott Investment Management will step down from the company's board of directors. David Cush and Gregg Saretsky are scheduled to end their service effective February 23. In conjunction with these departures, the airline confirmed it will reduce the overall size of its board from 13 to 11 members, a move that fundamentally changes the board's composition and the level of representation for Elliott Investment Management.
