ATLANTA, May 12, 2022
/PRNewswire/ -- Norfolk Southern (NYSE: NSC) will deliver long-term
value to shareholders by becoming more customer-centric and
operations-driven, President and CEO Alan
H. Shaw said at the company's annual meeting
Thursday.
"My first priority, and the top priority of every member of the
Norfolk Southern team, is to restore service to the quality our
customers expect and deserve. We have a great team and we're
taking the right steps: accelerating our new TOP|SPG operating plan
and hiring the conductors we need to execute the plan reliably,"
said Shaw.
"Being customer-centric … means making it easier for our
customers to do business with Norfolk Southern and delivering
innovative solutions to help them compete and grow.
"Complementing our commitment to customer centricity is our
focus on being operations-driven, which means that our success
depends entirely on our ability to run a safe, reliable, and
resilient railroad. Every department at Norfolk Southern is
aligned…as we serve our customers.
"Delivering safe, reliable and resilient service with
competitive pricing, helping our customers achieve their
sustainability goals, and making it easier for our customers to
ship by rail will enable Norfolk Southern and our partners to
capitalize on market conditions that remain favorable for truck to
rail conversion," said Shaw.
Shaw's full remarks are posted on the Invest in NS section of
the Norfolk Southern website under Presentations. In addition,
a recording of the Annual Meeting will be posted within the next
week to the Invest in NS section under Annual Meeting of
Shareholders.
In official business, based on preliminary results, shareholders
elected Amy E. Miles, former Chair
and CEO of Regal Entertainment Group Inc., to serve as independent
Chair of the Board for a one-year term expiring in 2023.
Additionally, based on preliminary results, shareholders elected 13
directors for one-year terms expiring in 2023:
- Thomas D. Bell, Jr., Chairman of
Mesa Capital Partners
- Mitchell E. Daniels, Jr.,
President of Purdue University and
former Governor of Indiana
- Marcela E. Donadio, former Ernst
& Young Partner and Americas oil
and gas sector Leader
- John C. Huffard, Jr., co-Founder
of Tenable Network Security, Inc., and Tenable Holdings, Inc.
- Christopher T. Jones, former
Corporate Vice President and President of the Technology Services
Sector of Northrop Grumman Corporation
- Thomas C. Kelleher, Chairman of
UBS and former President of Morgan Stanley
- Steven F. Leer, former Chairman
and Chief Executive Officer of Arch Coal, Inc.
- Michael D. Lockhart, former
Chairman, President and Chief Executive Officer of Armstrong World
Industries, Inc.
- Claude Mongeau, former President
and Chief Executive Officer of Canadian National Railway
Company
- Jennifer F. Scanlon, President,
Chief Executive Officer, and Director of UL, Inc.
- Alan H. Shaw, President and
Chief Executive Officer of Norfolk Southern Corporation
- James A. Squires, former
Chairman and Chief Executive Officer of Norfolk Southern
Corporation
- John R. Thompson, former Senior
Vice President and General Manager of Best Buy.com LLC.
In other preliminary results, shareholders ratified the
appointment of KPMG LLP as independent auditors for 2022, approved
an advisory resolution on the compensation of executive officers,
and rejected a shareholder proposal regarding reducing the
percentage of shareholders required to call a special meeting.
About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's
premier transportation companies, moving the goods and materials
that drive the U.S. economy. Norfolk Southern connects customers to
markets and communities to economic opportunity, with safe,
reliable, and sustainable shipping solutions. The company's service
area includes 22 states and the District
of Columbia, every major container port in the eastern
United States, and a majority of
the U.S. population and manufacturing base.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-ceo-shares-customer-centric-and-operations-driven-vision-with-shareholders-301546476.html
SOURCE Norfolk Southern Corporation