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Norfolk Southern fires its CEO over relationship with another executive – Vested Daily

Norfolk Southern fires its CEO over relationship with another executive

https://images.mktw.net/im-64276607

CFO Mark George to replace Alan Shaw after misconduct investigation

Published:

Railroad operator Norfolk Southern Corp. fired Chief Executive Alan Shaw on Wednesday, following an investigation into allegations of misconduct.

In a statement late Wednesday, Norfolk Southern’s board said Mark George, the company’s executive vice president and chief financial officer, will become president and CEO effective immediately upon the board’s unanimous decision to terminate Shaw “for cause.”

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