Norfolk to add new board member in settlement with activist investor
Railroad operator Norfolk Southern agreed to add an independent member to its board as it settled a long-drawn battle with activist investor Ancora Holdings over the company's governance. Following the agreement,
Norfolk Southern Reaches Deal with Activist Investor Firm
The Cleveland-based investment firm had sought to remove then-CEO Alan Shaw early in 2024, moves before he was eventually ousted by the railroad.
Norfolk Southern to add board member in deal with activist Ancora Holdings
The Atlanta-based railroad operator announced Thursday, Nov. 14, that under a cooperation agreement reached following what it termed "constructive engagement," Norfolk Southern and Ancora "will work together to identify an independent director" to join the company's board.
Norfolk Southern reaches agreement with Ancora to add new Board director
Norfolk Southern (NSC) has entered into a cooperation agreement with Ancora under which Norfolk Southern and Ancora will work together to
Norfolk Southern to Add New Director Under Settlement Deal With Ancora
Norfolk Southern (NSC) said Thursday that it struck a cooperation agreement with activist shareholder Ancora Holdings that will see the two parties collaborate on identifying a new independent director.
Norfolk Southern enters cooperation pact with activist Ancora; to add one director
Norfolk Southern (NYSE:NSC) agreed to a cooperation pact with activist investor Ancora Holdings and will add one board member. Ancora and Norfolk Southern (NSC) will work together to find an independent director to add to the board,
Norfolk jail official allegedly had subordinates do free plumbing at his home, officials say
The state ethics commission alleged that Thomas Brady, the assistant deputy superintendent of jail operations at the Norfolk ...
Two adults and their pet displaced after Norfolk fire
NORFOLK, Va. (WAVY) — Two adults and their pet were displaced after a fire just before noon on Thursday, officials said.
Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad. Norfolk's board will ...
Fun to Do: Bonnie Raitt stops in Norfolk, Bach rock and more
Sturgill Simpson performs as Johnny Blue Skies in Hampton, Take3: Where Rock Meets Bach comes to Newport News and more.
2 people, 1 pet displaced in Norfolk house fire
NORFOLK, Va. — Two people and one pet have been displaced after a fire Thursday, Norfolk Fire-Rescue (NFR) said. Crews ...
Possible traffic delays expected as Norfolk gears up for holiday season
As Norfolk gears up for the 2024 holiday season, the city wants residents to know about potential traffic delays the weekend ...
Norfolk airport on pace for another record-breaking year of passengers
The Norfolk International Airport increased passenger traffic 261% over its pandemic-era low in 2023, according to data ...
Norfolk DA Michael Morrissey draws protesters after Karen Read returns to court Wednesday
Among the pending motions is a joint request from prosecutors and the defense to push the retrial back to April.
PBR Norfolk expansion opening this weekend at Waterside District
The business has expanded the size of the current dance floor with new VIP sections, bars and a new stage. PBR is celebrating ...
As recycling costs rise, Norfolk weighs increase to monthly fee
Norfolk City Council members are considering raising monthly garbage fees by $3.50 to make up for increased recycling program costs.