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Norfolk Southern activist investor highlights past abusive behavior of new COO as proxy fight intensifies

by Editor April 7, 2024, 5:05 am 999 Views

Norfolk Southern activist investor highlights past abusive behavior of new COO as proxy fight intensifies

A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023 in Atlanta, Georgia.

Icon Sportswire | Getty Images

Norfolk Southern is almost two months into a battle with activist investor Ancora, which is trying to shake up the railroad’s board and oust CEO Alan Shaw.

Now the firm is taking aim at Norfolk Southern’s new operating chief John Orr over what the activist calls an “excessive” buyout package and a career…

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