Norfolk Southern announces CEO transition

“Jim is retiring at the top of his game,” said Steven F. Leer, Senior Independent Director of Norfolk Southern. “Thanks to Jim’s leadership, Norfolk Southern has a solid foundation for continued success. During his tenure he increased shareholder value by over $ 30 billion, implemented scheduled railways, led the company through a freight recession and global pandemic, and brought company executives together in a new and technologically advanced Atlanta Headquarter.”

“Now is the right time for a leadership transition,” Squires said. “The company is in a strong position, I have accomplished what I set out to accomplish and our board has identified the right leader in Alain shaw to guide Norfolk Southern in its next chapter of success and value creation. ”

Squires and Shaw will continue to work closely together over the next five months to make a smooth transition.

“Alan has a unique combination of skills and experience that prepares him to lead the business,” said Squires. “He is a seasoned railroader who understands operations and will contribute to continuous improvement in service and efficiency. At the same time, he has an unparalleled understanding of our customers and the markets we serve, as well as a vision to increase shareholder value in our rapidly changing industry competitors. ”

Shaw is one of the most respected leaders in the freight industry, with 27 years of experience with Norfolk Southern in the areas of marketing, operations and finance. He was appointed CMO in May 2015, and under his leadership, the company built the strongest intermodal franchise in the East United States, positioning it for growth in consumer-driven and service-sensitive markets. He is responsible for innovations in customer-centric technology, sustainability and new product offerings.

Shaw received a BS in Aerospace Engineering and an MBA from Virginie Tech, and completed the General Management program at Harvard Business School. He is a chartered financial analyst.

“I look forward to working with Jim, our Board of Directors and the entire Norfolk Southern team to provide superior service to our customers, create compelling shareholder value and build on the momentum for improvement. of our operating ratio, ”said Shaw.

Demonstrating its comprehensive succession plan and large pool of executive talent, the company also announced that Ed elkins, vice president of industrial products, has been promoted to executive vice president and chief marketing officer.

Elkins joined Norfolk Southern in 1988 as a locomotive engineer. He was group vice president for chemicals and group vice president for international intermodality before assuming his current role in 2018. Elkins, a US Marine Corps veteran, is a graduate of the College of the University of Virginia at Wise and received an MBA from Old Dominion University. He completed the general management program at Harvard Business School.

“Ed is an experienced, innovative and trusted leader who will take on the role of Marketing Director with ease and be an important addition to the leadership team,” said Squires.

James “Leggett” Kitchin, currently group vice president of national intermodal marketing and sales, will succeed Elkins as vice president of industrial products. These appointments are also effective immediately.

Jeff heller, vice-president of intermodal and automotive, will retire after a distinguished 27-year career on 1st of March, 2022. Shawn tureman, currently Vice President of the Industrial Products / Chemicals Group, becomes Vice President of the Intermodal and Automotive Group with immediate effect and will succeed Heller as Vice President upon his retirement.

About South Norfolk
Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s leading transportation companies, transporting the goods and materials that drive the U.S. economy. Norfolk Southern connects customers to markets and communities to economic opportunities, with safe, reliable and cost-effective shipping solutions. The company’s service area includes 22 states and the District of Colombia, all the major container ports in the East United States, and a majority of the US population and manufacturing base.

SOURCE Norfolk Southern Corporation

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