Investigation Launched into Norfolk Southern CEO for Ethical Concerns

Reported about 1 month ago

Norfolk Southern's CEO, Alan Shaw, is under investigation for possible ethical lapses, confirmed the railroad on Monday. The specifics of the allegations remain undisclosed. Shaw, who has faced significant pressure following a major derailment in early 2023 and challenges to his position from investors, was promoted to CEO in spring 2022. An external law firm has been engaged to look into these allegations which are considered potentially inconsistent with the company's code of ethics.

Source: YAHOO

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