Norfolk Southern CEO Alan H. Shaw was terminated due to violating company policies through a consensual relationship with chief legal officer Nabanita C. Nag, both of whom were fired.
The leadership change at Norfolk Southern follows an investigation that confirmed that Shaw's affair with the legal officer breached company rules, but was not connected to financial performance.
Shaw's departure marks the end of a turbulent period for Norfolk Southern, which has faced significant challenges including accidents, lawsuits, and potential leadership overhauls by activist investors.
As Norfolk Southern moves forward under new CEO Mark R. George, the company aims to stabilize its operations after enduring a series of crises and scrutiny from various stakeholders.
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