Start Date: 4/22/2024 12:00 PM EDT
End Date: 4/22/2024 12:30 PM EDT
Citing what it calls a failed strategy, poor leadership and ineffective board oversight at Norfolk Southern, Ancora Holdings is waging a proxy fight to replace a majority of the directors on the railroad operator’s board at its May 9 shareholder meeting. During the webinar, members heard from three of Ancora’s seven nominees about their plans to overhaul Norfolk Southern, which has been under intense scrutiny after a toxic train derailment in Ohio last year.
The speakers were: Jim Barber Jr., shipping and logistics industry veteran and former COO at UPS, and also Ancora’s choice to be Norfolk Southern’s CEO; Allison Landry, a former Credit Suisse transportation and logistics stock analyst; and William Clyburn Jr., a former railroad regulator. CII Executive Director Amy Borrus moderated.
CII Members may access a recording of this webinar in CII's Event Archive.
