Norfolk Southern Defeats Activist Attempt to Sack Rail CEO [Financial Post (Toronto, Ontario, Canada)]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — 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 leaders. Shaw was among the 10 company-backed director candidates appointed Thursday in a closely watched shareholder vote. Activist investor Ancora Holdings Group came away with a partial victory as it placed three of its nominees on the board. Article content Article content The results, which still must be certified, mark the culmination of a campaign that had become increasingly acrimonious in recent months, with Ancora accusing Shaw of poor decision-making that led to weak operating results and an underperforming stock. The activist was also critical of the rail giant's handling of the fallout from a derailment last year in Ohio that spilled toxic chemi
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NSC
Earnings
- 4/24/24 - Miss
NSC
Sec Filings
- 5/15/24 - Form 8-K
- 5/14/24 - Form 4
- 5/10/24 - Form 144
- NSC's page on the SEC website