DALLAS – Southwest Airlines has named Rakesh Gangwal as the independent chair of the board of directors. Gangwal, an airline executive and entrepreneur, has been a member of the Southwest Airlines board of directors since July 8. Previously, he served on the boards of US Airways Group, CarMax, Office Depot, OfficeMax and PetSmart.

Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors. Gangwal joined the board in July, shortly after activist investor Elliott Investment Management disclosed a stake in the Dallas-based ...

Southwest Airlines appointed Rakesh Gangwal as the independent Chair of the Board of Directors and named new Board Committee Chairs following a restructuring deal with Elliott Management.