Activist Ancora wins three board seats at Norfolk Southern but fails to oust CEO

2024-05-09 16:55

Norfolk Southern Corporation

holding company formed in 1982 for Norfolk and Western Railway and Southern Railway

business

Activist Ancora secures three board seats at Norfolk Southern, falling short of ousting the CEO.
Norfolk Southern shareholders have elected ten of the thirteen director nominees to the company board.
Despite the partial victory, Ancora activists will not be able to remove the CEO from the company.

President Joe Biden announced Sunday that he will end his presidential re-election campaign, bringing an abrupt and humbling conclusion to his half-century-long political career and scrambling the race for the White House less than four months before Election Day.

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Norfolk Southern Corporation

holding company formed in 1982 for Norfolk and Western Railway and Southern Railway

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