Romo is retiring after more than three decades with the carrier as it works on a turnaround after lagging behind some of its peers in recent years.

Tammy Romo, the company’s executive vice president and CFO, will step down, along with chief administration officer and public relations leader

Southwest Airlines is ringing in the new year with one-way airfares as low as $49 on some routes. Deals are also available on cruise, rental car, hotel and vacation packages as part of the sale.

Southwest Airlines Co.’s top finance executive plans to step down after more than 33 years with the carrier, extending a leadership overhaul in the wake of an activist campaign by shareholder Elliott Investment Management.

Southwest Airlines on Thursday said Executive Vice President and Chief Financial Officer Tammy Romo will retire from the role effective April 1, after more than three decades with the airline.

The leadership changes come after the airline's executive chairman was pressured to retire early last year and two-thirds of the company's board was replaced.