FW: Proxy adviser on Norfolk Southern: overhaul board but keep CEO Shaw
FREIGHTWAVES reports: Norfolk Southern’s management has taken a second hit this week from an independent proxy advisory firm ...
We are pleased to share an open letter that the Transportation Trades Department (TTD) sent – on behalf of all rail labor unions – to Norfolk Southern shareholders, urging them to oppose activist investor Ancora Holdings’ attempt to replace CEO Alan Shaw.
The full statement can be read here.
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