Southwest Airlines 2007 Annual Report Download - page 82

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Ernst & Young, LLP, the independent registered
public accounting firm who audited the Company’s con-
solidated financial statements included in this Form 10-K,
has issued a report on the Company’s internal control
over financial reporting, which is included herein.
Changes in Internal Control over Financial Report-
ing. There were no changes in the Company’s internal
control over financial reporting (as defined in
Rule 13a-15(f) under the Exchange Act) during the
quarter ended December 31, 2007, that have materially
affected, or are reasonably likely to materially affect, the
Company’s internal control over financial reporting.
Item 9B. Other Information
None.
PART III
Item 10. Directors, Executive Officers, and
Corporate Governance
Directors and Executive Officers
The information required by this Item 10 regarding
the Company’s directors will be set forth under the
heading “Election of Directors” in the Proxy Statement
for the Company’s 2008 Annual Meeting of Shareholders
and is incorporated herein by reference. The information
required by this Item 10 regarding the Company’s exec-
utive officers is set forth under the heading “Executive
Officers of the Registrant” in Part I of this Form 10-K
and is incorporated herein by reference.
Section 16(a) Compliance
The information required by this Item 10 regarding
compliance with Section 16(a) of the Exchange Act will
be set forth under the heading “Section 16(a) Beneficial
Ownership Reporting Compliance” in the Proxy State-
ment for the Company’s 2008 Annual Meeting of Share-
holders and is incorporated herein by reference.
Corporate Governance
Except as set forth in the following paragraph, the
remaining information required by this Item 10 will be
set forth under the heading “Corporate Governance” in
the Proxy Statement for the Company’s 2008 Annual
Meeting of Shareholders and is incorporated herein by
reference.
The Company has adopted a Code of Ethics that
applies to the Company’s principal executive officer, prin-
cipal financial officer, and principal accounting officer or
controller. The Company’s Code of Ethics, as well as its
Corporate Governance Guidelines and the charters of its
Audit, Compensation, and Nominating and Corporate
Governance Committees, are available on the Company’s
website, www.southwest.com. Copies of these documents
are also available upon request to Investor Relations,
Southwest Airlines Co., P.O. Box 36611, Dallas, TX
75235. The Company intends to disclose any amendments
to or waivers of its Code of Ethics on behalf of the
Company’s Chief Executive Officer, Chief Financial Offi-
cer, Controller, and persons performing similar functions
on the Company’s website, at www.southwest.com,under
the “About Southwest” caption, promptly following the
date of any such amendment or waiver.
Item 11. Executive Compensation
The information required by this Item 11 will be set
forth under the heading “Compensation of Executive
Officers” in the Proxy Statement for the Company’s
2008 Annual Meeting of Shareholders and is incorpo-
rated herein by reference.
Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related
Stockholder Matters
Except as set forth below regarding securities autho-
rized for issuance under equity compensation plans, the
information required by this Item 12 will be set forth
under the heading “Voting Securities and Principal
Shareholders” in the Proxy Statement for the Company’s
2008 Annual Meeting of Shareholders and is incorpo-
rated herein by reference.
63