Alan shaw norfolk southern salary.

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 ...A second proxy adviser is backing big changes on the Norfolk Southern board, but this one is calling for CEO Alan Shaw to stay. The post Proxy adviser on Norfolk Southern: Overhaul board but keep ...Norfolk Southern said Friday its 2023 net income was down 44% compared to 2022, as the railroad has accumulated $1.1 billion in charges so far from the Feb. 3, 2023, derailment of a train carrying ...Norfolk Southern CEO Alan Shaw is flanked by other witnesses while testifying before the Senate Commerce Committee March 22. (Manuel Balce Ceneta/Associated Press)Alan Shaw, who became CEO of Norfolk Southern last May, said the tracks would be torn up and the soil removed early next month. "So until then we'll just have it keep going down," said Jessica ...

Shapiro’s office said he met with Norfolk Southern CEO Alan Shaw on Thursday and secured an initial commitment for financial aid as the cleanup from the Feb. 3 derailment continues.

Norfolk Southern Corporation (NYSE: NSC) announced Wednesday that the voting results of its Annual Meeting of Shareholders have been certified by an independent Inspector of Elections. The ...Norfolk Southern CEO Alan Shaw was questioned by U.S. senators Thursday on how cost-cutting strategies and stock buybacks contributed to the February train derailment.

Norfolk Southern CEO Alan Shaw pauses for a moment before responding to a reporter's question during an interview near the site of the company's train derailment, Tuesday, Feb. 21, 2023, in East Palestine, Ohio. ... The March jobs report was the latest piece of economic data to surprise Wall Street analysts and send stocks rallying. 4h ago ...Norfolk Southern's CEO is Alan Shaw, appointed in Dec 2021, has a tenure of 2.33 years. total yearly compensation is $13.42M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.017% of …Norfolk Southern (NYSE:NSC) may see "material upside" after a report that an activist investor group has built a $1 billion stake in the railroad operator and is pushing for the ouster of CEO Alan ...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 …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 ...

1. Alan Shaw, Who Owns a $4.8 Million Home in Georgia, Has Spent His Career at Norfolk Southern Corporation, Working in Coal Transportation, Marketing & Other Areas. …

The Insider Trading Activity of Shaw Alan H. on Markets Insider. Indices Commodities Currencies Stocks

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 ...$226.33. -$5.81. Alan H. Shaw. Director Since: 2022 | Age 55. Career Highlights. Mr. Shaw has been President of Norfolk Southern Corporation since December 1, 2021, and Chief …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.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 ...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

Alan Shaw (Norfolk Southern's president and CEO responsible for developing and implementing our balanced strategy, and who previously served as EVP and CMO and VP, Intermodal Operations); andAn 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 that includes former Ohio Gov. John …Shaw's total salary in 2021 was $4,362,801, according to Norfolk Southern's 2022 proxy statement. What has Alan Shaw said about the East Palestine train derailment? Shaw … 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 a majority of the country's population and manufacturing ... Feb 15, 2023 · Alan Shaw became the CEO of Norfolk Southern last year after being named the president in December 2021; He makes $4.5million each year, and owns more than 20 properties across Georgia and Virginia; Mar 22, 2023 · Norfolk Southern CEO Alan Shaw returned to Capitol Hill Wednesday facing pressure to support rail safety legislation proposed in the wake of his railroad’s massive toxic spill from a February 3 ...

Norfolk Southern ’s NSC 0.26% 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 ...

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®.Ancora also responded to published reports that Shaw was given a 37% pay boost following the train derailment and chemical release with $13.4 million in total compensation in …EAST PALESTINE —Norfolk Southern responded on Monday to efforts by a group ... to replace the NS board of directors and CEO Alan Shaw. ... including a base salary increase of $200,000 to $1.1 ...Feb 15, 2023 · Alan Shaw became the CEO of Norfolk Southern last year after being named the president in December 2021; He makes $4.5million each year, and owns more than 20 properties across Georgia and Virginia; Norfolk Southern's first quarter profit fell 34% to $466 million, or $2.04 per share, because of the derailment costs. That's down from $703 million, or $2.93 per share, a year ago. 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. That was the message from Norfolk Southern CEO Alan Shaw in regard to the toxic Ohio train derailment as he testified Monday morning in Pennsylvania before the Senate Veterans Affairs and ...Norfolk Southern ’s NSC -2.50% 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 ...

Salary, bonuses, stock options, stock awards and other compensation information for top executives at NORFOLK SOUTHERN CORP.

Norfolk Southern CEO Alan Shaw speaks during an interview on June 21, 2023, in Atlanta. Photo: John Bazemore/AP Norfolk Southern Spent $1.9 Million in Washington as Congress Weakened Rail Safety Bill

The Insider Trading Activity of Shaw Alan H. on Markets Insider. Indices Commodities Currencies StocksNorfolk 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 ...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®.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 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 ...Alan Trefler of Pega sits down with Brent Leary and Paul Greenberg to talk about lessons he learned working in a family business. * Required Field Your Name: * Your E-Mail: * Your ...Alan Shaw has an annual salary of $500k and a total compensation of $2.23M. Mr. Alan H. Shaw has been the Chief Marketing Officer and Executive Vice President at Norfolk Southern Corporation since May 16, 2015. Mr. Shaw served as Vice President of Intermodal Operations at Norfolk Southern Corporation since November 1, 2013 until …Alan Shaw (Norfolk Southern's president and CEO responsible for developing and implementing our balanced strategy, and who previously served as EVP and CMO and VP, Intermodal Operations); andMay 09, 2024 9:26 AM ET Norfolk Southern Corporation (NSC) Stock By: Joshua Fineman, SA News Editor 1 Comment. jetcityimage. Norfolk Southern Corp. ( NYSE: NSC) CEO Alan Shaw kept his job and ...Norfolk Southern Corporation (NYSE: NSC) announced Wednesday that the voting results of its Annual Meeting of Shareholders have been certified by an independent Inspector …Alan Shaw took over as CEO of Norfolk Southern in May 2022, and has served as president since December 2021 Shaw's primary residence is this $4.2million mansion in Atlanta, Georgia

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 ...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 that includes former Ohio Gov. John …Feb 17, 2023 · According to Wall Mine, Shaw’s estimated net worth was at least $11.2 million as of January 2023.. Shaw owns “over 3,141 units of Norfolk Southern stock worth over $8,342,995 and over the last ... Instagram:https://instagram. parking at ucrmiddletown ny bus crashis ali velshi leaving msnbc in 2023civ 6 guides On February 3, 2023, a Norfolk Southern train carrying toxic chemicals derailed in an Eastern Ohio village and caught fire. Thousands of residents living Expert Advice On Improving...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 ... little caesars goderichparamedic scenarios Norfolk Southern's CEO is Alan Shaw, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is $13.42M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth $8.62M. seamstress cedar park tx By Chris Isidore, CNN New York (CNN) — Norfolk Southern CEO Alan Shaw received a 37% increase in compensation last year, even after the company’sNorfolk Southern spent $387 million in the first quarter to cover the damage caused by its East Palestine, Ohio, derailment in February, the company said Wednesday. Norfolk Southern CEO Alan Shaw ...(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.