06Nov, 24 Southwest appoints Rakesh Gangwal as board chair | News
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Southwest Airlines on 4 November disclosed the appointment of Rakesh Gangwal as independent chair of the company’s board of directors, filling the role left vacant by former executive chairman Gary Kelly.
Kelly’s “accelerated retirement”, which came as six new directors were recently appointed to Southwest’s board, was effective 1 November.
Southwest added Gangwal to its board in July, amid intensifying pressure from minority stakeholder Elliott Investment Management to embrace major leadership changes.
A long-time airline executive, Gangwal is co-founder of India’s InterGlobe Aviation, which operates …