Norfolk Southern CEO change brings stability but governance questions linger, says analyst
Norfolk Southern Corp.'s decision to replace fired Chief Executive Alan Shaw with Mark George, the railroad operator's executive vice president and chief financial officer, should bring management-level stability to the company — but questions about its board governance still linger, according to one analyst.
Norfolk Southern CEO, top lawyer fired over romance shared hotels, cars on corporate trips: report
Employees would see CEO Alan Shaw and Nabanita Nag travel together and return to headquarters in Atlanta separately within a space of a few minutes.
Norfolk Southern Fires CEO Over Relationship With Legal Chief
Norfolk Southern (NSC) has fired Chief Executive Officer (CEO) Alan Shaw over a relationship with the freight railroad's top legal officer.
Norfolk Southern's CEO Survived an Activist Attack. Then Came Talk of an Affair.
Norfolk Southern NSC -1.40%decrease; red down pointing triangle employees weren't terribly surprised to see their chief executive, Alan Shaw, and the company's general counsel, Nabanita Chaterjee Nag, standing close together one day on the sidewalk, talking, near the company's Atlanta headquarters.
Railroad company Norfolk Southern fired its CEO over his relationship with the company's top lawyer
Norfolk Southern fired CEO Alan Shaw for a previously undisclosed relationship with an employee. Alan Shaw had been in a consensual relationship with the company corporate secretary, Nabanita Nag.
Norfolk Southern fires its CEO over relationship with another executive
Railroad operator Norfolk Southern Corp. fired Chief Executive Alan Shaw on Wednesday, following an investigation into allegations of misconduct.
Norfolk Southern Terminates CEO Alan Shaw, Citing Company Policy Violations
The board of Norfolk Southern ousted Alan Shaw as the company's top executive.
Norfolk Southern CEO Alan Shaw replaced by CFO after alleged affair with legal chief
Norfolk Southern CEO Alan Shaw is out effective immediately and will be replaced by finance chief Mark George. Shaw's departure comes as the railroad's board probes an allegedly inappropriate relationship with the company's chief legal officer, Nabanita Nag.
Norfolk Southern negotiating CEO's exit, looks for interim chief, sources say
Norfolk Southern is negotiating CEO Alan Shaw's exit, and the board is considering interim replacements, including the current chief financial officer, after finding the executive had a relationship with a subordinate, three sources familiar with the matter said on Wednesday.
Norfolk Southern board probe focusing on CEO's relationship with chief legal officer
Norfolk Southern's board is investigating whether CEO Alan Shaw had an inappropriate relationship with the company's chief legal officer. Norfolk's top lawyer, Nabanita Nag, is also corporate secretary and one of the board's primary points of contact.
Norfolk Southern probing CEO over alleged inappropriate relationship
In May, activist investor Ancora won three board seats at the railroad operator but failed to oust CEO Alan Shaw.
Norfolk Southern Investigates Misconduct Allegations Against CEO Alan Shaw
Norfolk Southern (NSC) said Sunday that it is investigating allegations of misconduct against CEO Alan Shaw, and is working with outside legal counsel to determine whether Shaw did anything "inconsistent" with the company's code of ethics.
