Southwest Airlines Announces Departure of Two Board Members in April 2025
Southwest Airlines has announced that board members Eduardo F. Conrado and Elaine Mendoza will step down in April 2025, finalizing a board restructuring that began in 2024.
Honeywell Considers Strategic Options for Aerospace Business
Honeywell International (US), a leading industrial conglomerate, is evaluating strategic options for its aerospace business, including the possibility of a separation. This development comes approximately one month after Elliott Investment Management (US), a prominent activist investor, called for the breakup of the industrial giant to unlock shareholder value.
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…