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 ...
Norfolk Southern has appointed Cynthia Earhart as executive vice president and chief financial officer, effective immediately.
The appointment follows a 1 August announcement that CFO Marta Stewart had retired.
Ms Earhart has spent more than three decades with the carrier, joining the accounting department in 1985 after a spell with Ernst and Whinney.
Since then, she gained increasing levels of responsibility before moving on to information technology, where she was named vice president 2001.
In 2007 Ms Earhart moved departments again to take over as VP human resources before being appointed executive vice president of administration in 2013 and expanding her responsibilities, becoming executive vice president, administration and chief information officer in 2015.
She will retain her IT responsibilities as she steps up to the CFO role.
President and chief executive James Squires said: “Cindy has a strong financial background, a full understanding of our operations and a proven track record as a senior executive who challenges thinking and encourages innovation.
“As we continue to leverage technology to drive further improvements in customer service and productivity, we are confident that having Cindy in this key position will accelerate our progress.”
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
Comment on this article