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 ...
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 ...
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 ...
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.
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 ...
May 9 (UPI) --Three activist investors with Ancora Alternatives LLC nominees were elected to Norfolk Southern's board amid a bid to oust CEO Alan Shaw, the company said Thursday. The company ...
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 ...
Shares of Norfolk Southern Corp. are down 3.2% Thursday after a preliminary count of shareholder votes indicated a split decision in the keenly-fought battle for control of the company’s board.
An activist investor campaign to gain control of Atlanta-based Norfolk Southern has won some support from unions and others as a crucial Thursday shareholder vote approaches. Ancora Holdings Group ...