Alan shaw norfolk southern salary.

Jan 31, 2024 · Norfolk Southern CEO Alan Shaw. NS. An activist investor group has taken a $1 billion stake in Norfolk Southern and aims to wrest control of the company’s board and oust CEO Alan Shaw, according to a report in The Wall Street Journal this evening. The investor group, led by Cleveland-based Ancora Holdings, has nominated a slate of directors ... Norfolk Southern CEO Alan Shaw’s total compensation rose from $9.8 million in 2022 to $13.4 million in 2023, ... The pay bump includes a 22 percent percent raise in Shaw’s base salary, from ...Deutsche Bank has decided to maintain its Buy rating of Norfolk Southern (NYSE:NSC) and lower its price target from $266.00 to $258.00. Shares of ... Deutsche Bank has decided to m...During the meeting, Alan Shaw, Norfolk Southern’s chief executive, said he looked forward to working with the new directors. “Norfolk Southern persevered through several challenges over the ...(L-R) Norfolk Southern President Alan H. Shaw, and Chairman and CEO James A. Squires. "Jim is retiring at the top of his game," said Steven F. Leer , Norfolk Southern's lead independent director.

03 Feb 2023 ... Alan H. Shaw, 55,. President and. Chief ... Future salary increases. 4.44 %. 4.44 %. 4.21 %. Other ... Shaw, certify that: 1. I have reviewed this ...As a massive smoke plume soared into the sky from the controlled burn of a wrecked Norfolk Southern train in early February, even the company’s CEO Alan Shaw was alarmed. And he’s been working ...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. ... The CEO's base salary went ...

Orr replaces Paul Duncan, who had been Norfolk Southern’s COO for a little more than a year, joining the company from BNSF Railway. In a written statement, CEO Alan Shaw thanked Duncan “for ...According to published reports Shaw was given a 37% pay boost following the train derailment and chemical release with $13.4 million in total compensation in 2023 ­ including a base salary ...

06 Dec 2022 ... ... -2022 FactSet CallStreet, LLC. MANAGEMENT DISCUSSION SECTION. Ladies and gentlemen, Norfolk Southern's President and CEO, Alan Shaw.21 Feb 2024 ... Railroad industry news about: Norfolk Southern Railway President and CEO Alan Shaw, letter to employees, Ancora Holdings Group, proxy fight.Mar 31, 2023 · His total compensation also included $2.2 million in option awards, $901,276 in incentive compensation and a $900,000 salary. He also received other compensation that included... A Message from Alan Shaw. We have a vision for a better way forward for Norfolk Southern. It is a groundbreaking strategy that balances service, productivity, and growth. It is designed to create long-term value for our customers, employees, shareholders, and the communities we serve.Norfolk Southern faces investor pressure as an Ancora-led group nominated a majority slate of directors and seeks to remove CEO Alan Shaw. ... ~$1B stake in the railroad and nominated a majority ...

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New York (CNN) — Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, ... His base salary rose $200,000 to $1.1 million, and his stock and option awards rose $2.2 ...

Norfolk Southern's CEO is Alan Shaw, appointed in Dec 2021, has a tenure of 2.17 years. total yearly compensation is $9.77M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €8.77M.Feb 26, 2024 · New York (CNN) — Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, ... His base salary rose $200,000 to $1.1 million, and his stock and option awards rose $2.2 ... Norfolk Southern Corporation President and CEO, Alan Shaw, testifies before a US Senate Committee on Environment and Public Works hearing on the environmental and public health threats from the ...Activist investor Ancora elected three members to the Norfolk Southern board, failing to oust CEO Alan Shaw. An Ancora official says “passive investors” are to blame if safety issues recur.It speaks to Norfolk Southern’s underappreciated operational prowess that the company had the fewest number of embargoes of any North American Class I railroad in Alan Shaw’s first year as CEO ...Norfolk Southern said it also would reach a sub-60 percent operating ratio, but it would take a year longer than Ancora's plan. The plan would generate about $400 million in cost savings over two ...Alan Shaw got a 37% pay raise the same year as the train derailment in East Palestine. In 2022, Shaw was paid $9.8 million. Despite the financial and ecological disastrous train derailment in 2023 ...

Dec 3, 2021 · By Gavin van Marle. 03/12/2021. US rail freight operator Norfolk Southern has announced that Alan Shaw (above, left) will become its new president and CEO, after James Squires (above, right) retires on 1 May, next year. Mr Shaw is currently executive VP and chief marketing officer (CMO) but the promotion is effective immediately and the ... May 1 was Alan Shaw’s first day as President and CEO of Norfolk Southern. Shaw, a Railway Age Readers’ 2022 Influential Leader, spent the day at Debutts Yard in Chattanooga, Tenn., with employees. On May 2, he sent an open letter to all NS employees, and according to NS “will be traveling to key parts of the network, including …Salary, bonuses, stock options, stock awards and other compensation information for top executives at NORFOLK SOUTHERN CORP.06 Dec 2022 ... ... -2022 FactSet CallStreet, LLC. MANAGEMENT DISCUSSION SECTION. Ladies and gentlemen, Norfolk Southern's President and CEO, Alan Shaw.An Ancora Holdings-led investor group has taken a roughly $1 billion stake in Norfolk Southern and nominated a majority slate of directors to the railroad operator's board in a bid to oust CEO ...Chadwick promised to hold CEO Alan Shaw accountable and keep fighting to improve the railroad. ... but wanted to use attrition to eliminate about 1,500 jobs over time. Norfolk …

By Pat Foran, Editor-in-Chief. Since Norfolk Southern Corp.’s now-fabled investor day on Dec. 6, 2022, President and CEO Alan Shaw has been talking publicly about a better …Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, even after the company’s railroad was involved in a financially and ecologically disastrous derailment in East ...

His total compensation also included $2.2 million in option awards, $901,276 in incentive compensation and a $900,000 salary. He also received other compensation that …Feb 27, 2024 · Feb 27, 2024. Norfolk Southern CEO Alan Shaw got a large raise last year after the train derailment in East Palestine, Ohio that devastated that community. Shaw's total compensation rose by 37% in 2023, which put it at over $13 million for the year. The train derailment occurred in February of last year and exposed the community to toxic ... Feb 2, 2024. Norfolk Southern CEO Alan Shaw had been at the helm of the Atlanta-based railroad for just nine months when he faced one of the biggest calamities in the company’s history. A ...Norfolk Southern CEO Alan Shaw got $9.8 million in total compensation in 2022, more than double the $4.7 million he received in 2021. Shaw was promoted to the top job in May.Alan Shaw is President and Chief Executive Officer at Norfolk Southern Corporation. Since 1827, Norfolk Southern has safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network that serves aNSC: Get the latest Norfolk Southern stock price and detailed information including NSC news, historical charts and realtime prices. Indices Commodities Currencies StocksNorfolk 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. ... The CEO's base salary went ...By Chris Isidore, CNN New York (CNN) — Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, even after the company’s railroad was involved in a financially and ecologically disastrous derailment in East Palestine, Ohio. Shaw received $13.4 million in total compensation in 2023, up from $9.8 million in 2022. …

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Their strong backing underscores the company's balanced strategy, driven by the decisive leadership of CEO Alan Shaw and guided by the Norfolk Southern board, is the best path to drive long-term ...

ATLANTA — Norfolk Southern today named Canadian Pacific Kansas City executive John Orr as its chief operating officer in a bid to thwart an activist investor group led by Ancora Holdings. CEO Alan Shaw said Orr is committed to providing customers with a high level of service as part of the railroad’s resiliency-based growth plan.You have to give Norfolk Southern CEO Alan Shaw a standing ovation for his performance at the railroad’s investor day last month. Using logic as a sledgehammer, it took him just 10 minutes to demolish two of the things that have hurt rail service and put a lid on traffic growth: Excessive cost-cutting and an overemphasis on the operating ratio.April 7, 2023. As a massive smoke plume soared into the sky from the controlled burn of a wrecked Norfolk Southern train in early February, even the company’s CEO Alan Shaw was alarmed. And he ...04 Aug 2023 ... Six months after the Norfolk Southern (NS) train derailment in East Palestine, Ohio, NS President and CEO Alan Shaw wrote an open letter ...On June 2, 2023, Bloomberg published an interview with Norfolk Southern President and CEO Alan Shaw.The column highlighted the company’s new strategy that will help enable it to be a more customer-centric, operations-driven railroad by building a resilient workforce and delivering reliable service.. The interview is available on Bloomberg.com, and key …Alan Shaw in Bloomberg: “I want to take a longer-term view of things”. On June 2, 2023, Bloomberg published an interview with Norfolk Southern President and CEO Alan Shaw. The column highlighted the company’s new strategy that will help enable it to be a more customer-centric, operations-driven railroad by building a resilient workforce ...26 Mar 2024 ... Is it shady that the negotiated salary ... Do you think Norfolk Southern CEO Alan Shaw's compensation package of $13.4 million for 2023 was ...EAST PALESTINE — Nearly one year after the East Palestine train derailment, Norfolk Southern CEO Alan Shaw held a roundtable with local media to reflect on the disaster as the anniversary approaches. Shaw spoke about promises made and promises kept, focusing on long-term initiatives as the village moves past the rail …An Ancora Holdings-led investor group has taken a roughly $1 billion stake in Norfolk Southern and nominated a majority slate of directors to the railroad operator's board in a bid to oust CEO ...Aug 19, 2023 · Alan Shaw had been CEO of Norfolk Southern for just nine months when his phone rang. One of his trains had derailed in East Palestine, Ohio, and was dumping toxic chemicals into the community of 5,000. Six weeks earlier, he’d unveiled to investors his plan for the giant railroad, promising to spend billions hiring workers and upgrading ... An Ohio Senate panel on rail safety questioned Alan Shaw over […] Norfolk Southern’s CEO repeats Ohio train derailment apologies before Senate | News, Sports, Jobs - The Times LeaderA Norfolk Southern train passes through East Palestine, Ohio on February 14, 2023, following a train derailment and toxic spill there and, inset, the company's CEO and president Alan Shaw.

Medicine Matters Sharing successes, challenges and daily happenings in the Department of Medicine Click here for the full program. John M. Carethers is currently the John G. Searle...Norfolk Southern CEO and President Alan Shaw testified in front of the United States Senate committee on environment and public works on Thursday morning about the train derailment in East Palestine.Norfolk Southern CEO Alan Shaw’s total compensation rose from $9.8 million in 2022 to $13.4 million in 2023, ... The pay bump includes a 22 percent percent raise in Shaw’s base salary, from ...Instagram:https://instagram. carhop maine View Surgeon - Orthopedic Salary in Norfolk, VA, and get a free salary report with salary range, bonus, and benefits information.Alan Shaw in Bloomberg: “I want to take a longer-term view of things”. On June 2, 2023, Bloomberg published an interview with Norfolk Southern President and CEO Alan Shaw. The column highlighted the company’s new strategy that will help enable it to be a more customer-centric, operations-driven railroad by building a resilient workforce ... freshway market chicago Norfolk Southern CEO Alan Shaw testifies before the Senate Committee on Environment and Public Works on March 9, 2023. ... said he didn't visit East Palestine sooner because he wanted to give the ...Left: Norfolk Southern Chief Executive Alan Shaw testifies on the East Palestine, Ohio train derailment before a U.S. Senate Environment and Public Works Committee hearing on Capitol Hill, in ... fiddlers frolics 2023 Norfolk Southern CEO Alan Shaw told reporters in East Palestine on Saturday that he was there to support the community following the toxic Ohio train derailment. cbs nfl broadcasters Norfolk Southern said it also would reach a sub-60 percent operating ratio, but it would take a year longer than Ancora's plan. The plan would generate about $400 million in cost savings over two ...By Chris Isidore, CNN New York (CNN) — Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, even after the company’s yummy house inverness Dec 1, 2021 · Mr. Shaw owns 30,654 shares of Norfolk Southern stock worth more than $7,013,635 as of May 10th. This net worth evaluation does not reflect any other investments that Mr. Shaw may own. Additionally, Mr. Shaw receives a salary of $1,250,000.00 as CMO at Norfolk Southern. Learn More about Alan H. Shaw's net worth. Alan’s looking ahead. Other rail leaders are, too, but he was the first CEO to crystallize it." Shaw will be recognized during RailTrends 2023 in New York City on November 16-17. Norfolk Southern President and CEO Alan Shaw has been named the 2023 recipient of the Railway Innovator Award by Progressive Railroading and RailTrends®. mycoverageinfo com chase On June 2, 2023, Bloomberg published an interview with Norfolk Southern President and CEO Alan Shaw.The column highlighted the company’s new strategy that will help enable it to be a more customer-centric, operations-driven railroad by building a resilient workforce and delivering reliable service.. The interview is available on Bloomberg.com, and key … james holzhauer net worth Alan has 3 jobs listed on their profile. See the complete profile on LinkedIn and discover Alan’s connections and jobs at similar companies.Based on preliminary results from the 2024 Annual Meeting, Norfolk Southern shareholders have voted to elect 10 of 13 of the NS nominees, including our CEO Alan Shaw. These results demonstrate ... barbara schreiber and darlene zetterower Feb 20, 2024 · Less than a month after taking a billion-dollar stake in railroad Norfolk Southern Corp. (NYSE: NSC) and vowing to oust CEO Alan Shaw, activist group Ancora Holdings Group on Tuesday proposed a ... publix winston salem nc An eastbound Norfolk Southern coal train meets a westbound merchandise train at Cassandra, Pa., in April 2022. Bill Stephens. Trains sat down with Norfolk Southern CEO Alan Shaw and new Chief Operating Officer John Orr today to discuss the railroad’s strategy and response to activist investor Ancora Holdings. Ancora has … tractor supply colchester ct Norfolk Southern's CEO apologized before Congress on Thursday and pledged millions of dollars to help East Palestine, Ohio, recover from last month's fiery, hazardous materials train derailment.Some Norfolk Southern investors criticized Shaw for a “tone-deaf response” to the Ohio derailment and for being given a 37% pay raise following the derailment. The same year as Shaw’s pay raise, the company reported a 44% loss in net income. [18] alex eubank bulk Members of Congress will grill Norfolk Southern CEO Alan Shaw in a Thursday hearing over the recent train derailment in East Palestine, Ohio, and other incidents.May 9, 2024. Listen to this article 4 min. Norfolk Southern CEO Alan Shaw survived the company's proxy fight against an activist investor. But Ancora Alternatives made inroads in its attempt to ...904.12. -1.42. TRUMP MEDIA & TE. 49.26. +1.59. APPLE INC. 182.74. +0.34. US TREASURY N/B. 98.91. -0.22. Alan H Shaw. President/CEO, Norfolk Southern Corp. …