The Board of Directors has put forward a list of 14 candidates for election at the approaching Annual Meeting of Owners on May 15, 2024, according to Southwest Airlines Co.’s Proxy Statement, which was made public now. As originally communicated, the Board is pleased to select Lisa Atherton as a new Director. But, Managers Ron Ricks and John Montford have decided not to get election.
Gary Kelly, the senior chairman of the board of Southwest Airlines, thanked Ron and John for their unwavering support for the business. He acknowledged the major contributions made by both people on behalf of the board, highlighting both’s serious positive influence on Southwest Airlines and its success overall. Kelly emphasized Ron and John’s enduring love for their outstanding service.
If all individuals are elected, the Board will include 14 people, which is a lower from the latest membership of 15. As the Board’s Nominating and Corporate Governance Committee grows, it seems natural to predict a gradual reduction in size as it gets closer to traditional levels in the forthcoming years, according to Veronica Biggins, chair of the club’s Nominating and Corporate Governance Committee.
Bob Jordan, president and CEO of Southwest Airlines, thanked Ron and John for their important contributions and contributions to the business. He also expressed his enthusiasm about Lisa’s election to meet the Board, highlighting her considerable experience in aircraft, security, and government contracting, as well as her proven track record in leading complex programs and strategic initiatives. Jordan thinks Lisa will create a useful addition to the board. Nominations for Southwest Airlines ‘ Board of Directors are Announced BY: eTurboNews | eTN
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