Billionaire and IndiGo co-founder Rakesh Gangwal has been appointed as the Chairman of American carrier Southwest Airlines.

Indian businessman Rakesh Gangwal, co-founder of low-cost carrier IndiGo, has been appointed independent Chair of the ...

Rakesh Gangwal, co-founder of IndiGo and aviation industry veteran, has been appointed as Chairman of Southwest Airlines. Recently, he acquired shares worth USD 108 million in Southwest. He aims to ...

Before joining Southwest’s board in July, he served on the boards of US Airways Group, CarMax, Office Depot, OfficeMax, and PetSmart. Gangwal was previously the CEO and chairman of US Airways Group ...

Just days after Southwest Airlines finally settled its differences with activist hedge fund Elliott Management, the carrier has made a unique move, one which sends multiple different signals to ...

Gangwal has served on Southwest’s board since July and his appointment as the board’s chair comes after Kelly and six other ...

New Southwest Airlines director Rakesh Gangwal will serve as independent chair of the company’s board of directors, replacing ...

Gangwal’s appointment marks the end of a tense battle with activist investor Elliott, which had long been pushing for significant leadership changes at Southwest.

Southwest Airlines on 4 November disclosed the appointment of Rakesh Gangwal as independent chair of the company's board of ...

Southwest Airlines appointed Rakesh Gangwal as the independent Chair of the Board of Directors and named new Board Committee ...

On Friday, Southwest Airlines Co (LUV) stock saw a modest uptick, ending the day at $30.61 which represents a slight increase of $0.03 or 0.10% from the prior close of $30.58. The stock opened at $30.

The new chair of the Dallas-based airline's board is the billionaire co-founder of the largest airline in India.