Norfolk settles with Ancora, to add new director to board-February 2024-www.financetom.com

Norfolk settles with Ancora, to add new director to board

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Norfolk settles with Ancora, to add new director to board

Nov 15, 2024 12:50 PM

Nov 14 (Reuters) - Norfolk Southern ( NSC ) on Thursday

said it agreed with activist investor Ancora Holdings to

identify an independent director to join the railroad operator's

board.

Ancora has also agreed to withdraw its nomination of four

candidates for election to Norfolk's board, the company said in

a statement.

(Reporting by Abhinav Parmar in Bengaluru; Editing by Anil

D'Silva)

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