First Episode with Gregg Saretsky, Former CEO of WestJet, Features Lessons
Learned from His 40-Year Career in Aviation and How Southwest Can Deliver a Turnaround
Program Accessible on Apple, Spotify, YouTube and More
Visit StrongerSouthwest.com to Learn About Elliott’s Campaign to Bring Urgently
Needed Change to Southwest and Subscribe to the New Podcast
, /PRNewswire/ — Elliott Investment Management L.P. (“Elliott”), which manages funds that together have an investment representing an approximately
Yesterday, Elliott called for a December 10 special meeting of shareholders, seeking the election of eight best-in-class nominees to serve on Southwest’s Board. Today’s launch of an innovative new podcast series will offer shareholders an opportunity to learn more about these uniquely qualified nominees.
The first episode features Nominee Gregg Saretsky, who has significant leadership and industry experience stemming from his nearly 40-year career in aviation. Mr. Saretsky discusses his early years in the industry, “where the aviation fuel got in [his] blood,” as well as lessons learned from his time as CEO of WestJet – among other roles – and the high-value potential he believes can be delivered at Southwest, including insights such as:
- “If a company loses its way, it loses its culture. You really have to be mindful of both those things simultaneously.”
- “Great union relationships are founded on really making the investment of ensuring that issues are brought in a timely fashion and dealt with.”
- “Having spent ten years of my life at the Southwest of
Canada , and having been a part of some exciting changes that led to great outcomes, [it’s exciting to have] the opportunity to be part of the grandfather of the low cost carriers, to help them get back to a point of real prominence and profitability in the industry.” - “Southwest just has such a great story and such a great history and so many good things to be proud of and to leverage, that being a part of that, as an airline person, would be the best thing possible.”
Listeners can access the Stronger Southwest Podcast on StrongerSouthwest.com/podcast, with episodes available now on Apple, Spotify, YouTube, and everywhere podcasts are heard.
To learn more about Elliott’s investment in Southwest, please visit Texas corporation (the “Company”), whether an annual or special meeting of shareholders.
THE PARTICIPANTS STRONGLY ADVISE ALL SHAREHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS, INCLUDING A PROXY CARD, AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC’S WEB SITE AT HTTP://WWW.SEC.GOV. IN ADDITION, THE PARTICIPANTS WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS’ PROXY SOLICITOR.
The participants in the solicitation are anticipated to be Elliott Investment Management L.P. (“EIM”), Elliott Associates, L.P. (“Elliott Associates”), Elliott International, L.P. (“Elliott International”), The Liverpool Limited Partnership (“
As of the date hereof, Elliott has combined economic exposure in the Company of approximately
About Elliott
Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately
Media Contact:
Casey Friedman
Elliott Investment Management L.P.
(212) 478-1780
cfriedman@elliottmgmt.com
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SOURCE Elliott Investment Management L.P.