Artisan Partners Global Value Team Sends Letter to the Board of Southwest Airlines
2024年6月13日 - 2:43AM
The Artisan Partners Global Value Team today sent a letter to the
Board of Directors of Southwest Airlines Co. (NYSE: LUV). The full
text of the letter is as follows:
June 12, 2024
The Board of
Directors
Southwest Airlines
Co.
2702 Love Field
Drive
Dallas, TX
75235-1611
Dear Members of the
Board:
We are writing to you
on behalf of the Global Value investment team at Artisan Partners
Limited Partnership. Currently, our discretionary investment
management clients collectively hold more than 10.8 million shares
of Southwest Airlines Co. (“Southwest” or the “Company), or roughly
1.82% of the Company’s outstanding shares.
We note with great
interest the recent announcement by Elliott Investment Management
L.P. regarding their position in the Company, their assessment of
the Company’s current management team and their call for dramatic
change at Southwest, including new leadership. We have made many of
the same points to the Company’s Executive Chairman over the past
several months.
We are writing today
to urge the Board to reconstitute itself and upgrade the Company’s
leadership such that it can objectively assess the best path
forward for Southwest’s shareholders, employees, and customers. We
believe this process needs to commence immediately.
Regards,
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Daniel O’Keefe |
Michael McKinnon |
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Managing Director |
Managing Director |
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Artisan Global Value Team |
Artisan Global Value Team |
Press Inquiries Eileen Kwei
800.399.1770 eileen.kwei@artisanpartners.com
Southwest Airlines (NYSE:LUV)
過去 株価チャート
から 5 2024 まで 6 2024
Southwest Airlines (NYSE:LUV)
過去 株価チャート
から 6 2023 まで 6 2024