Two Elliott-appointed directors to step down from Southwest Airlines board

February 10, 2026 4:52 PM EST

A Southwest Airlines plane approaches to Ronald Reagan Washington National Airport near Alexandria, Virginia, U.S., December 24, 2025. REUTERS/Ken Cedeno

Feb 10 (Reuters) - ‌Southwest ​Airlines ​said on Tuesday two directors representing activist ‌investor Elliott Investment Management ⁠are stepping down from the ‌board, effective February ‌23.

The departing directors, David Cush, previously CEO of Virgin ​America, and Gregg Saretsky, former CEO of ⁠WestJet, were appointed to the board ​in October 2024, alongside three other nominees from ​Elliott.

Neither departure from ‌the board was due to any disagreement ⁠with the airline, or any matter relating to ⁠its operations, policies and practices, Southwest ​said in an SEC filing.

In tandem with the departure, Southwest ‌said it would reduce the size of ‌the board from 13 ⁠to 11.

(Reporting ‌by Aishwarya ​Jain in Bengaluru; Editing by Krishna Chandra ‌Eluri)



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