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 ...
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 ...
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.
The appointments come after Norfolk Southern faced a proxy fight from an activist investor, Ohio-based Ancora Alternatives ...
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 ...
Key Insights Given the large stake in the stock by institutions, Norfolk Southern's stock price might be vulnerable to... Activist investor Ancora had three director nominees elected to Norfolk ...
The cable-network owner's chief executive said the company has the ability to match third-party offers for NBA packages. Norfolk Southern Chief Survives Activist's Push to Oust Him But the ...