Southwest Airlines appoints Rakesh Gangwal to board effective July 7, 2024

SOUTHWEST AIRLINES CO

Rakesh Gangwal, co-founder of IndiGo (India's largest airline), joined Southwest's board effective July 7, 2024.
Gangwal previously served as CEO of US Airways Group and Worldspan Technologies, and held executive roles at Air France and United Airlines.
Compensation includes $90,000 annual retainer, meeting fees, equity awards (~$170,000), free travel, and retirement plan eligibility.

item 5.02

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Appointed

Rakesh Gangwal

member of the Board

LUV · SOUTHWEST AIRLINES CO

Effective: 2024-07-07
Filed: July 9, 2024, 7:59 PM ET

On July 7, 2024, the Board of Directors (the "Board") of Southwest Airlines Co. (the "Company") appointed Rakesh Gangwal as a member of the Board, effective July 7, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Rakesh Gangwal was appointed as member of the Board at SOUTHWEST AIRLINES CO.

Action: appointed
Role: member of the Board

Exact text from the filing

On July 7, 2024, the Board of Directors (the "Board") of Southwest Airlines Co. (the "Company") appointed Rakesh Gangwal as a member of the Board, effective July 7, 2024.

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Source: SEC EDGAR

accession 0000092380-24-000101

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