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Stock impact report

Norfolk Southern to add new board member as part of deal with Ancora Holdings [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
and 13th independent director — under a “cooperation agreement” with shareholder Ancora Holdings, NS announced Thursday. NS and Ancora will work together to identify the new board member, who is expected to add to the board's gender diversity and executive leadership experience, NS said. “We are making meaningful progress on key operational metrics, as evidenced by our strong third quarter 2024 results in which we drove productivity, grew volumes, and delivered notable margin improvement. Our strategy is unlocking the full value of the business for shareholders, customers, communities, and employees,” NS CEO Mark George said in a press release. “I am confident that together with Ancora we will find the right independent director to join our Board and support our team as we continue to build on the positive momentum that is underway at Norfolk Southern.” Activist investor Ancora led an often-nasty proxy fight for control of the railroad last year, ultimately losing in its takeove Show less Read more
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