---
schema_version: "secwatch.filing_event.v1"
accession: "0000092380-24-000101"
form_type: "8-K"
ticker: "LUV"
cik: "0000092380"
company_name: "SOUTHWEST AIRLINES CO"
filed_at: "2024-07-09T23:59:59+00:00"
generated_at: "2026-05-31T22:45:45.504888+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000092380-24-000101
- form_type: 8-K
- ticker: LUV
- cik: 0000092380
- company_name: SOUTHWEST AIRLINES CO
- filed_at: 2024-07-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92380/000009238024000101/0000092380-24-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92380/000009238024000101/luv-20240707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092380-24-000101
- JSON: https://secwatch.observer/filing/0000092380-24-000101.json
- Plain text: https://secwatch.observer/filing/0000092380-24-000101.txt

## Key facts
- Executive change
  Rakesh Gangwal was appointed as member of the Board at SOUTHWEST AIRLINES CO.
  - Action: appointed
  - Role: member of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/92380/000009238024000101/0000092380-24-000101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.