Legendary Texas businessman Herb Kelleher, founder of Southwest Airlines has died. He was 87.
A statement from Southwest Airlines said:
“We are deeply saddened to share that Southwest Airlines Founder and Chairman Emeritus Herbert D. Kelleher passed away today at the age of 87.”
In a well known story, Kelleher and prominent Texas businessman Rollin King, created the concept with banker John Parker that later became Southwest Airlines on a cocktail napkin in a San Antonio restaurant.
While he was CEO of Southwest, Kelleher molded a corporate culture which made Southwest employees well known for taking themselves lightly. It was said that under Kelleher’s leadership, the company was one of the best places to work in America.
Mr. Kelleher was inducted into the Texas Business Hall of Fame, 1988.