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Southwest Airlines on 4 November disclosed the appointment of Rakesh Gangwal as independent chair of the companys board of directors, filling the role left vacant by former executive chairman Gary Kelly.Kellys accelerated retirement , which came assix new directorswere recently appointed to Southwests board, was effective 1 November.Source: Southwest AirlinesGangwal will lead Southwests revamped board of directorsSouthwest 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 Indias InterGlobe Aviation, which operates under theIndiGoairline brand.He will lead a new-look board of directors tasked with turning around Southwests string of disappointing financial results. Our critical priority as a newly constituted board is to come together to wo [url=https://www.stanleycups.at]stanley becher[/url] rk closely with [chief executive] Bob Jordan and the rest of the management team to return the carrier to superior financ [url=https://www.stanleycups.ro]stanley romania[/url] ial performance, Gangwalsays.David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky and Patricia Watson have been installed as independent directors of the board in connection with cooperation and information-sharing ag [url=https://www.stanleycup.cz]stanley termoska[/url] reements with Elliott.Pierre Breber, formerly chief financial officer of Chevron, also recently joined the board. Southwest had disclosed earlier this year the appointment ofRobert Fornaro, former CEO ofSpirit Airlines.The turnover includes a r Gxgr Open door, loose overalls caused fatal MD500D crash: NZ probe
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