AP Business Writer Norfolk Southern’s board has confirmed that the railroad’s CEO Alan Shaw is under investigation for potential ethical lapses. A spokeswoman for the Atlanta-based railroad declined to offer any additional details Monday about the nature of the allegations against Shaw, who has been…
Norfolk Southern CEO Alan Shaw is expected to depart the railroad soon after its board launched investigation into alleged misconduct reportedly over an inappropriate relationship.
Norfolk Southern says it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate. His departure ends two difficult years on the job and comes just days after the company’s board announced it was investigating his alleged ethical lapses.
By Chris Isidore, CNN New York (CNN) — Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the company’s chief legal officer,” who was also terminated, the railroad announced Wednesday evening.
His firing comes after two difficult years in the top job and just days after the company’s board announced it was investigating him for alleged ethical lapses.
Norfolk Southern has dismissed CEO Alan Shaw following the revelation of an inappropriate relationship with a subordinate, the railroad company said Wednesday.
The Norfolk Southern Board of Directors voted unanimously to terminate both CEO Alan Shaw and Chief Legal Officer Nabanita Nag based on preliminary findings, the Atlanta-based company announced.
Norfolk Southern CEO Alan Shaw has been fired by the railroad along with Chief Legal Officer Nabanita Nag after an investigation found the two engaged in a "consensual relationship."
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Norfolk Southern fires CEO and chief legal officer over consensual workplace relationship | Since Then