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Herbert D. Kelleher

Executive Chairman, Southwest Airlines Co.

Herb Kelleher is a Founder of Southwest Airlines Co. and currently serves as its Executive Chairman, a position he has held since March 1978.  From September 1981 through June 2001, Mr. Kelleher also served as President and CEO of Southwest Airlines.

Southwest commenced service with three airplanes in 1971 and today operates a fleet of 453 airplanes performing 3,100 flights per day.  Mr. Kelleher’s company has been profitable for 33 consecutive years and has never furloughed an Employee.  The Fall 2002 edition of Money magazine revealed that, during the 30-year period 1972-2002, Southwest produced the highest return to shareholders of any company included in the S&P 500 during that 30-year period; $10,000 invested in Southwest in 1972 was worth $10,200,000 in 2002 (an average increase of 25.99% per year).

In Fortune magazine annual surveys, Southwest has consistently been selected as the Most Admired Airline in the world and as one of the Ten Most Admired Companies in the United States.  Mr. Kelleher himself has received numerous awards and honors, including the U.S. Chamber Business Leadership Hall of Fame; CEO of the Year and one of history’s top three CEOs, Chief Executive magazine; CEO of the Century, Texas Monthly magazine; National Sales and Marketing Hall of Fame; U.S. Master Entrepreneur, INC. magazine; CEO of the Decade-Airline Industry, Financial World magazine; Wright Brothers Memorial Trophy; Bower Award for Business Leadership, Franklin Institute; Smithsonian Aero Club Trophy; Tony Jannus Award; Wings Club Distinguished Achievement Award; San Diego Aerospace Hall of Fame; L. Welch Pogue Award for Lifetime Achievement in Aviation, Aviation Week;  Airline Business Award, Airline Business magazine; and the Business Halls of Fame of the State of Texas, the University of Texas, Texas A&M, and the City of Dallas.

Mr. Kelleher graduated with honors from Wesleyan University, where he was an Olin Scholar and where his major was English and his minor Philosophy, and from NYU Law School, where he was a Root-Tilden Scholar. 



 

The adverse economic impact of our excessive dependence on oil dramatically hinders the ability of businesses to provide U.S. consumers with quality products and services at affordable prices. That "value proposition" supported the creation of Southwest Airlines, and I've joined SAFE to try to make sure the same proposition can support the next generation of great American businesses.
Herbert D. Kelleher
Executive Chairman,
Southwest Airlines Co.


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