Norfolk Southern fires CEO, CLO for affair that violated company policies
By Aaron Nicodemus2024-09-12T16:10:00
Norfolk Southern Corp., the railroad still cleaning up the environmental and financial damages caused when one of its trains derailed in a small Ohio town, has fired its top executive and chief legal officer after concluding they had an affair that violated company policies.
Norfolk Southern said that a preliminary investigation concluded that CEO Alan Shaw and executive vice president and chief legal officer Nabanita Nag violated company policies by engaging in a consensual relationship, according to a press release Wednesday. The company fired them each “for cause.”
“Shaw’s departure is unrelated to the company’s performance, financial reporting, and results of operations,” the company said.