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Norfolk Southern operates in 22 states and is valued at more than $57 billion. As of midday Monday, its shares were up $3.50, or 1.4%, at $253.50. Over the last 18 months, Shaw has faced pressure ...
Norfolk Southern CEO Alan Shaw, at center, prepares to speak at the Senate hearing on improving rail safety in response to the East Palestine, Ohio train Derailment on, March 22, 2023.
Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the company’s chief legal officer,” who was also terminated, the ...
Norfolk Southern fired CEO Alan Shaw for a previously undisclosed relationship with an employee. Alan Shaw had been in a consensual relationship with the company corporate secretary, Nabanita Nag.
In May 2023, Shaw and 12 union leaders, issued a safety letter to employees and union members committing to enhanced rail safety for employees and communities served by Norfolk Southern. [23] Under Shaw, Norfolk Southern reported 37% fewer accidents on its main lines in the first 10 months of 2023 than in the same period of 2022. Norfolk ...
Norfolk Southern Railway Co., 600 U.S. 122 (2023), was a United States Supreme Court case in which the court held that a Pennsylvania law that requires out-of-state companies to agree to appear in Pennsylvania courts as a prerequisite to registering for business in the state is consistent with Due Process.
Norfolk Southern said Wednesday it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.. His ouster comes after two difficult years in the top job and just days ...
Norfolk Southern has ousted Alan Shaw as its CEO, saying the executive violated the Atlanta-based freight railroad's policies by having a consensual relationship with a subordinate, it announced ...