ISS endorses most of Ancora nominees for Norfolk Southern board [CNBC]
Norfolk Southern Corporation (NSC)
Last norfolk southern corporation earnings: 4/29 08:00 am
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nscorp.com/content/nscorp/en/investor-relations.html
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Source: CNBC
nominees, withholding an endorsement from CEO pick Jim Barber but describing him as a “credible director and CEO candidate nonetheless.” ISS' endorsement comes one day after Glass Lewis endorsed the activist investor's slate of nominees, and days after two unions came out in support of Ancora's proposed management team. The proxy advisor recommended shareholders support CEO Alan Shaw's reelection to the board, but in a rebuke of NSC's existing governance, it said shareholders should not support current board chair Amy Miles. While the endorsement would not give Ancora control of the board, it would provide the dissident with a clear mandate to implement change. The influential proxy advisor said in its report that it was clear “that the dissident has presented a balanced slate consisting of qualified nominees, and has generally targeted the appropriate management nominees.” ISS recommends shareholders support Ancora nominees William Clyburn, Sameh Fahmy, Gilbert Lamphere, Alli
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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