Norfolk Southern’s embattled chief can keep his job. The freight railroad’s shareholders on Thursday voted against an activist investor’s proposal to unseat Alan Shaw as CEO. The investor ...
Activist investor Ancora Alternatives sought to fire Norfolk Southern CEO Alan Shaw. Norfolk Southern CEO Alan Shaw survived the company's proxy fight against an activist investor. But Ancora ...
Thomas Black is a Bloomberg Opinion columnist writing about the industrial and transportation sectors. He was previously a Bloomberg News reporter covering logistics, manufacturing and private ...
An activist investment firm failed to replace the railroad’s top executive and all its directors, but did win three seats on its board. By Peter Eavis Shareholders of Norfolk Southern, the ...
Norfolk Southern CEO Alan Shaw told lawmakers that he was ‘deeply sorry’ for the company’s derailed train in East Palestine, Ohio, in February 2023 and pledged to clean the site ‘with urgency.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist investor Ancora has won three board seats at Norfolk Southern in a dramatic show of shareholder ...
May 9 (Reuters) - Activist investor Ancora Holdings won three board seats at Norfolk Southern but failed to oust the railway's chief executive, disappointing investors who pushed the stock price ...
Norfolk Southern Corp. investors backed a majority of its board nominees, a win for Chief Executive Officer Alan Shaw in a bitter fight with an activist intent on throwing out the railroad’s ...
Norfolk Southern shareholders will decide Thursday morning whether to back an activist investor’s bid to take over the railroad’s board and replace management. Ancora Holdings picked up ...
Ancora has proposed seven new board members for the Class I railroad. Credit: Jonathan Weiss The leadership battle at US railroad Norfolk Southern (NS) has ramped up in the last week as unions, ...
Norfolk Southern also saw ten of its nominees elected to its board. Credit: Andriy Blokhin/Shutterstock.com Activist investment firm Ancora has seen three of its nominees elected to the board of ...