NORFOLK, Va., April 26, 2017 /PRNewswire/ -- Norfolk Southern
Corporation (NYSE: NSC) today announced that Marta R. Stewart, executive vice president and
chief financial officer of Norfolk Southern Corp., intends to
retire effective Aug. 1, 2017.
NS has initiated a comprehensive search to identify the
company's next chief financial officer and will consider both
internal and external candidates with the assistance of an
executive search firm.
"Marta has made significant contributions to NS over the course
of her career, most recently as one of the architects of our
strategic plan," said James A.
Squires, Norfolk Southern chairman, president and CEO. "Her
intimate knowledge of the railroad business, engagement with
stakeholders inside and outside the company, and relentless focus
on driving shareholder value has positioned NS for continued
success. On behalf of the board and management team, I thank Marta
for her service and wish her the best in retirement. We look
forward to Marta's continued leadership as we conduct our CFO
search and execute an orderly transition to her successor."
"I am very proud of the company's accomplishments during my
tenure and the progress we have made in implementing our strategic
plan," said Stewart. "I will miss working with a great leadership
team and talented employees, and am confident NS is on track to
achieve its objectives as it becomes an even stronger, more
profitable railroad."
Since joining NS in 1983 as an accountant, Stewart has been
instrumental in developing the company's accounting systems and
controls. Prior to Stewart's appointment as executive vice
president and chief financial officer in 2013, she assumed roles of
increasing responsibility in finance and served as vice president
accounting and controller, and vice president finance and
treasurer. Stewart has been a key strategic advisor to the NS CEO,
agent for change throughout the company, and advocate for NS
shareholders.
About Norfolk Southern
Norfolk Southern
Corporation (NYSE: NSC) is one of the nation's premier
transportation companies. Its Norfolk Southern Railway Company
subsidiary operates approximately 19,500 route miles in 22
states and the District of
Columbia, serves every major container port in the eastern
United States, and provides
efficient connections to other rail carriers. Norfolk Southern
operates the most extensive intermodal network in the East and is a
major transporter of coal, automotive, and industrial products.
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SOURCE Norfolk Southern Corporation