October 12, 2024

Norfolk Southern CEO change brings stability but governance questions linger, says analyst

 Norfolk Southern CEO change brings stability but governance questions linger, says analyst

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.