Rakesh Gangwal steps down as independent Chair, remains on the Board Doug Brooks appointed as new independent Chair Board forms new Ad Hoc Fleet Oversight ...

Rakesh Gangwal steps down as independent Chair, remains on the Board Doug Brooks appointed as new independent Chair Board forms new Ad Hoc Fleet Oversight Committee ...

Doug Brooks is the new chairman of Southwest Airlines, replacing Rakesh Gangwal, who remains on the board and will chair the new fleet oversight committee.

The carrier has started assigned seating and bag fees, leading to mixed results and a projected revenue increase from fees, but analysts question its ambitious earnings targets.