Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.

The Norfolk Southern Board of Directors voted unanimously to terminate both CEO Alan Shaw and Chief Legal Officer Nabanita Nag based on preliminary findings, the Atlanta-based company announced.

Norfolk Southern still made 13% of its revenue last year from the commodity, largely because of coal-powered electric plants. Raglin said rail simply carries what the supply chain demands.

On Thursday, Norfolk Southern said in a filing with the U.S. Securities and Exchange Commission that George will get a $1 million annual salary and annual incentives of $2.25 million prorated for ...

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's board of directors, in a unanimous decision announced Wednesday, said they had immediately terminated prescient and CEO Alan Shaw after "he violated company policies by engaging ...

Norfolk Southern CEO Alan Shaw has been fired by the railroad, along with Chief Legal Officer Nabanita Nag, after an investigation found the two engaged in a "consensual relationship." ...

Norfolk Southern's quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in eastern Ohio, but even without that, the railroad's profits still grew.

Norfolk Southern’s CEO Survived an Activist Attack. Then Came Talk of an Affair. Alan Shaw was fired after board investigation found he and legal chief had romantic relationship ...

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 ...

NORFOLK, Va. — For the first time in about five years, Norfolk Southern hosted a hands-on safety program for first responders to be better prepared to respond to railway emergencies.