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Feb 20, 2024 · Less than a month after taking a billion-dollar stake in railroad Norfolk Southern Corp. (NYSE: NSC) and vowing to oust CEO Alan Shaw, activist group Ancora Holdings Group on Tuesday proposed a ... Norfolk Southern CEO saw a 37% raise despite East Palestine derailment. Norfolk Southern CEO Alan Shaw received $13.4 million in total compensation. The railroad took a $1.1 billion hit last year due to the derailment. An investor group has launched a proxy fight to oust Shaw. Andrew Dorn.(L-R) Norfolk Southern President Alan H. Shaw, and Chairman and CEO James A. Squires. "Jim is retiring at the top of his game," said Steven F. Leer , Norfolk Southern's lead independent director.Norfolk Southern spent $387 million in the first quarter to cover the damage caused by its East Palestine, Ohio, derailment in February, the company said Wednesday. Norfolk Southern CEO Alan Shaw ... Norfolk Southern Corporation's highest paid executives include: Michael Joseph Wheeler $2,628,577, Cynthia C. Earhart $2,595,677, and Alan Shaw $2,225,635. The median estimated compensation for executives at Norfolk Southern Corporation including base salary and bonus is $234,648, or $112 per hour. 2002). In Alan’s current position, he has overall responsibility for Norfolk Southern’s marketing and sales, industrial development, short line, and real estate activities across the NS network, including international business activity. Mr. Shaw is a graduate of Virginia Tech where he earned a B.S. in AerospaceNorfolk Southern CEO Alan Shaw talks with Brennan Harvey at East Palestine Park on Wednesday. Shaw met with park officials during a trip to the village and was guided on a tour of the park ...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 ...Feb 26, 2024 · 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 ... A Message from Alan Shaw. We have a vision for a better way forward for Norfolk Southern. It is a groundbreaking strategy that balances service, productivity, and growth. It is designed to create long-term value for our customers, employees, shareholders, and the communities we serve.A Norfolk Southern train passes through East Palestine, Ohio on February 14, 2023, following a train derailment and toxic spill there and, inset, the company's CEO and president Alan Shaw.Norfolk Southern CEO Alan Shaw testifies before a Senate committee on March 9, 2023, in Washington. ... Nearly one-third of all rail jobs were eliminated and train crews, they say, deal with ...23 Feb 2023 ... As the Chairman & CEO of Norfolk Southern, the total compensation of Mr Squires at Norfolk Southern is $1,944,448. There are no executives ...OMAHA, Neb. (AP) — The CEO of Norfolk Southern railroad will testify in Congress next week about last month’s fiery Ohio derailment and the precautions the railroad takes to prevent similar crashes. The railroad said Wednesday that Alan Shaw had agreed to appear before the Senate Committee on Environment and Public Works next …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.FILE - Norfolk Southern President and CEO Alan Shaw speaks to reporters, Feb. 21, 2023, near the site where a freight train derailed Feb. 3 in East Palestine, Ohio.

Alan H Shaw is President/CEO at Norfolk Southern Corp. See Alan H Shaw's compensation, career history, education, & memberships. EAST PALESTINE — Nearly one year after the East Palestine train derailment, Norfolk Southern CEO Alan Shaw held a roundtable with local media to reflect on the disaster as the anniversary approaches. Shaw spoke about promises made and promises kept, focusing on long-term initiatives as the village moves past the rail …Salary, bonuses, stock options, stock awards and other compensation information for top executives at NORFOLK SOUTHERN CORP.Feb 26, 2024 · 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 ... The CEO's base salary went from $900,000 to $1.1 million, while his stock awards and options grew from $7.7 million to $10 million. ... Norfolk Southern Chief Executive Alan Shaw testifies on the ...

Alan Shaw has said his plans include adding more trackside detectors to help spot mechanical problems. He also has hailed work with unions to improve safety — something labor leaders say Norfolk Southern hasn’t done much of since it began overhauling operations in 2019.28 Mar 2024 ... Norfolk Southern CEO Alan Shaw sat down with CNBC's Jim Cramer on his Mad Money program Wednesday to discuss Norfolk Southern's balanced ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. The estimated Net Worth of Alan H. Shaw . Possible cause: Norfolk Southern's CEO is Alan Shaw, appointed in Dec 2021, has a ten.