Norfolk Southern Names New CEO, Reaffirms 2024 Guidance
Company Announcements

Norfolk Southern Names New CEO, Reaffirms 2024 Guidance

The latest update is out from Norfolk Southern ( (NSC) ).

Norfolk Southern Corporation announced significant management changes, appointing Mark R. George as President and CEO, following the termination of Alan H. Shaw for policy violations related to a personal relationship with the Chief Legal Officer, who was also terminated. The company reaffirmed its full-year guidance for 2024, signaling confidence in George’s leadership to deliver shareholder value and maintain operational excellence. George’s extensive financial and operational experience is expected to drive continued progress and optimize operations for the freight transportation network.

For an in-depth examination of NSC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyNorfolk Southern price target raised to $245 from $241 at Stifel
TheFlyNorfolk Southern price target raised to $280 from $275 at Jefferies
TheFlyNorth American rail traffic down 3.7% for the week ending October 5
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App