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 ...
May 9 (Reuters) - Activist investor Ancora Holdings won three board seats at Norfolk Southern but failed to oust ... push Alan Shaw off the board and elect Jim Barber, a former chief operating ...
Norfolk Southern Chief Survives Activist's Push to Oust Him But the activist investor, Ancora Holdings, scored a partial victory as shareholders voted to replace three members of the company's 13 ...
By Peter Eavis Shareholders of Norfolk Southern ... chief executive of Ancora, and James Chadwick, president of Ancora Alternatives, said they would “continue to hold Mr. Shaw to account and ...
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.
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 lower in early trading.
Activist investor Ancora Alternatives sought to fire Norfolk Southern CEO Alan Shaw. Norfolk Southern CEO Alan Shaw survived the ... [recently hired chief operating officer] John Orr and the ...
Norfolk Southern CEO Alan Shaw received significant pay raise last year despite the disastrous derailment in East Palestine, Ohio, and calls for him to be fired. Norfolk Southern recorded another ...
Activist investor Ancora has won three board seats at Norfolk Southern in ... short of ousting chief executive Alan Shaw. Ancora, based in Ohio, waged a proxy fight in a push to install a new ...
Ancora wants to install Barber as CEO and hire former CSX railroad operations chief Jaimie Boychuk to be Norfolk Southern’s chief operating officer. Ancora has projected that it will be able to ...
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 lower in early trading.