Norfolk Southern CEO Alan Shaw Fired Over Office Relationship

Norfolk Southern announced on Wednesday that CEO Alan Shaw had been dismissed over an inappropriate consensual relationship with the company’s chief legal officer, whose contract has also been terminated. The decision follows a brief investigation by the company’s board into Shaw’s ethical conduct, which was initiated just days prior. The Atlanta-based railroad company has appointed Mark George, previously the chief financial officer, as Shaw’s successor. Shaw’s tenure was marked by significant challenges, including managing the aftermath of the catastrophic train derailment in East Palestine, Ohio, in February 2023, when dangerous toxic substances spilled into a draining ditch connected to a local waterway....