Published:
Southwest Airlines Appoints Two New Members to Board of Directors
DALLAS, Nov. 20 /PRNewswire-FirstCall/ -- The Southwest Airlines Board of
Directors today appointed Daniel D. Villanueva and John Denison to the Board.
For photos of Villanueva and Denison please click here:
http://gallery.swamedia.com/photos/kw=08SWABOD
Villanueva is a partner in RC Fontis, aCalifornia-based private equity
firm. Villanueva previously was Managing Partner of Bastion Capital
Corporation, a private equity investment fund. Currently, he serves on the
Boards of Metropolitan West Funds, Citibank (Banamex USA), and Fleetwood
Enterprises, Inc. Villanueva spent 25 years in the broadcasting business as a
television executive with Spanish International Communications Corp., and its
successor company, Univision. He previously served on the Boards of Univision
Network, Telemundo Network, 7UP Bottling ofSouthern California, and Film
Roman, aCalifornia-based animation studio.
Denison has a long history in the airline industry. He previously served
in an executive capacity with Global Aero Logistics Inc., an airline holding
company, including as its Chairman of the Board. Prior to that, Denison served
as Executive Vice President of Corporate Services for Southwest Airlines.
During his time at Southwest, Denison also held the roles of Vice President of
Finance and Chief Financial Officer. Before joining Southwest Airlines,
Denison held the Assistant Treasurer position at The LTV Corporation in
Dallas. He also worked as the Manager of Corporate Finance for the Chrysler
Corporation inDetroit.
"We are proud to add businessmen of this caliber to our Board," said Gary
Kelly, Chairman of the Board, President, and Chief Executive Officer for
Southwest Airlines. "We know their talent and experience will provide fresh
insight particularly as our industry still faces many challenges."
Villanueva enjoys giving his time to the community by serving on various
nonprofit boards including the American Red Cross, the National Hispanic
Education Fund, and the National YMCA. He was active in immigration reform
legislation and was a Commissioner of the 1984 Summer Olympic Games inLos
Angeles. He is a graduate of New Mexico State University. In 2007, Villanueva
was inducted into the National Hispanic Sports Hall of Fame, located inTexas.
Denison received his MBA from Wayne State University inDetroit and his
Bachelor of Arts in Economics from Oakland University. He served his country
as a Sergeant in the US Army.
Pursuant to the Company's Bylaws, both men will initially serve for a term
lasting until the Company's next Annual Meeting of Shareholders in May 2009.
Other members of Southwest's Board of Directors are: David W. Biegler, Louis
E. Caldera, C. Webb Crockett, William H. Cunningham, Ph.D., Travis C. Johnson,
Gary C. Kelly Nancy B. Loeffler, and John T. Montford.
About Southwest Airlines
After 37 years of service, Southwest Airlines, the nation's leading
low-fare carrier, continues to stand above other airlines-offering a reliable
product with exemplary Customer Service. Southwest Airlines is the most
productive airline in the sky and offers Customers a comfortable traveling
experience with all premium leather seats and plenty of legroom. Southwest
recently updated its gate areas and improved its boarding procedure to make
flying Southwest Airlines even more convenient and simple. Southwest Airlines
(NYSE: LUV), the nation's largest carrier in terms of domestic passengers
enplaned, currently serves 64 cities in 32 states. Based inDallas, Southwest
currently operates more than 3,400 flights a day and has more than 34,000
Employees systemwide.
http://www.southwest.com
SOURCE Southwest Airlines
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