The company replaced CEO Alan Shaw with the chief financial officer, after an uncovering Shaw's relationship with chief legal ...

Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad. Norfolk's board will expand from 13 members to 14 members as part of the settlement, the railroad ...

U.S. District Judge Lewis Kaplan found there wasn’t a close enough connection between the statements Norfolk Southern had ...

Norfolk Southern CEO Alan Shaw has been fired by the railroad, along with Chief Legal Officer Nabanita Nag, after an investigation found the two engaged in a "consensual relationship." Norfolk ...