Southwest Airlines Co. LUV on Thursday said that two longtime board members, John Denison and Nancy Loeffler, would not stand for re-election to the air carrier’s board. The company said that Eduardo Conrado, president of non-profit health system Ascension, and Elaine Mendoza, founder and chief executive of health-related software and medical analytics company Conceptual MindWorks, were being considered to succeed them, and will be on the ballot at Southwest’s 2023 annual shareholders meeting. Loeffler, who had total compensation of $277,520 in 2022, was elected to Southwest’s board of directors in 2003. Denison, who made $310,020, was appointed in 2008. Shares of Southwest were down 0.2% after hours on Thursday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
