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Elliott Investment Management Calls for Honeywell’s Structural Simplification

Elliott Investment Management, a prominent US-based investment firm managing funds with an investment of over $5 billion in Honeywell International, has issued a formal request to Honeywell’s Board of Directors. The letter calls for a simplification of Honeywell’s conglomerate structure, suggesting that a streamlined organizational approach could improve operational efficiency, profitability, and shareholder value. Elliott’s substantial investment and influence add…

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Southwest Airlines Appoints Rakesh Gangwal as Independent Chair of the Board

Southwest Airlines has announced the appointment of Rakesh Gangwal as the new independent Chair of its Board of Directors. This significant leadership change comes as part of the airline’s broader governance efforts to enhance oversight and strategic guidance. The appointment of Gangwal, a respected figure in the aviation industry, underscores Southwest’s commitment to strengthening its…