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Norfolk Southern CEO Alan Shaw to Step Down Amid Probe Into Alleged Misconduct, Reports Say
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Norfolk Southern CEO Alan Shaw to Step Down Amid Probe Into Alleged Misconduct, Reports Say
Sep 11, 2024 12:25 AM

06:20 AM EDT, 09/10/2024 (MT Newswires) -- Norfolk Southern ( NSC ) chief executive officer, Alan Shaw, is expected to step down from his post amid an ongoing probe into allegations of his potential misconduct, media outlets reported late Monday, citing sources familiar with the matter.

The company announced the investigation Sunday, but did not provide any details about the potential misconduct.

The potential misconduct stems from an alleged relationship that Shaw had with an employee, and Shaw could resign as early as this week, the Wall Street Journal reported.

Norfolk Southern ( NSC ) did not immediately respond to MT Newswires' request for comment.

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