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Activist investor Ancora elected three members to the Norfolk Southern board, failing to oust CEO Alan Shaw. An Ancora official says “passive investors” are to blame if safety issues recur.Activist investor Ancora elected three members to the Norfolk Southern board, failing to oust CEO Alan Shaw. An Ancora official says “passive investors” are to blame if safety issues recur.News of the latest derailment comes “just days after it emerged that Norfolk Southern CEO Alan H. Shaw received a 37 percent pay rise ... taking his base salary rose up by $200,000 to $1.1 ...Norfolk Southern faces investor pressure as an Ancora-led group nominated a majority slate of directors and seeks to remove CEO Alan Shaw. ... ~$1B stake in the railroad and nominated a majority ...Alan Shaw, who became CEO of Norfolk Southern last May, said the tracks would be torn up and the soil removed early next month. "So until then we'll just have it keep going down," said Jessica ...Norfolk Southern CEO Alan Shaw. NS. An activist investor group has taken a $1 billion stake in Norfolk Southern and aims to wrest control of the company’s board and oust CEO Alan Shaw, according to a report in The Wall Street Journal this evening. The investor group, led by Cleveland-based Ancora Holdings, has nominated a slate of directors ...Left: Norfolk Southern Chief Executive Alan Shaw testifies on the East Palestine, Ohio train derailment before a U.S. Senate Environment and Public Works Committee hearing on Capitol Hill, in ...Shaw's total salary in 2021 was $4,362,801, according to Norfolk Southern's 2022 proxy statement. What has Alan Shaw said about the East Palestine train derailment? Shaw …Norfolk Southern said it also would reach a sub-60 percent operating ratio, but it would take a year longer than Ancora’s plan. The plan would generate about $400 million in cost savings over ...New York (CNN) — Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, ... His base salary rose $200,000 to $1.1 million, and his stock and option awards rose $2.2 ...John Bazemore/AP. Norfolk Southern Railroad CEO Alan Shaw speaks during an interview, June 21, 2023, in Atlanta. Norfolk Southern’s CEO has spoken often of safety and better service since he ...Mr. Shaw owns 30,654 shares of Norfolk Southern stock worth more than $7,013,635 as of May 10th. This net worth evaluation does not reflect any other investments that Mr. Shaw may own. Additionally, Mr. Shaw receives a salary of $1,250,000.00 as CMO at Norfolk Southern. Learn More about Alan H. Shaw's net worth.Apr 26, 2023 · Watch Monday’s full episode of Fast Money — April 8, 2024. Alan Shaw, Norfolk Southern president and CEO, joins 'Closing Bell: Overtime' to discuss the Ohio derailment aftermath, economic ... Alan Shaw has an annual salary of $500k and a total compensation of $2.23M. Mr. Alan H. Shaw has been the Chief Marketing Officer and Executive Vice President at Norfolk Southern Corporation since May 16, 2015. Mr. Shaw served as Vice President of Intermodal Operations at Norfolk Southern Corporation since November 1, 2013 until …Norfolk Southern Corporation President and CEO, Alan Shaw, testifies before a US Senate Committee on Environment and Public Works hearing on the environmental and public health threats from the ...According to published reports Shaw was given a 37% pay boost following the train derailment and chemical release with $13.4 million in total compensation in 2023 – including a base salary ...Norfolk Southern's CEO is Alan Shaw, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is $13.42M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth $8.62M.

May 9, 2024. Listen to this article 4 min. Norfolk Southern CEO Alan Shaw survived the company's proxy fight against an activist investor. But Ancora Alternatives made inroads in its attempt to ...April 7, 2023. As a massive smoke plume soared into the sky from the controlled burn of a wrecked Norfolk Southern train in early February, even the company’s CEO Alan Shaw was alarmed. And he ...May 9, 2024. Listen to this article 4 min. Norfolk Southern CEO Alan Shaw survived the company's proxy fight against an activist investor. But Ancora Alternatives made inroads in its attempt to ...20 Mar 2024 ... Norfolk Southern said in a U.S. Securities and Commission filing that Orr will receive a base salary of $750,000 and a hiring bonus of $825,000.CEO Alan Shaw's decisive, proven leadership in successfully executing Norfolk Southern's strategic transformation.Shaw has positioned the company to become the gold standard of safety in the industry, drive meaningful margin improvement, and outperform peers during freight recovery cycles, while delivering industry-leading service …

Alan H. Shaw. Alan Shaw is President and Chief Executive Officer at Norfolk Southern Corporation. Since 1827, Norfolk Southern has safely moved the goods and materials …By Pat Foran, Editor-in-Chief. Since Norfolk Southern Corp.’s now-fabled investor day on Dec. 6, 2022, President and CEO Alan Shaw has been talking publicly about a better way forward, a better ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. May 9, 2024. Listen to this article 4 min. . Possible cause: Mar 2, 2024 · Alan Shaw got a 37% pay raise the same year as the train de.