financetom
Business
financetom
/
Business
/
Norfolk Southern chairman resigns, citing personal reasons
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Norfolk Southern chairman resigns, citing personal reasons
Jun 3, 2025 6:29 AM

(Reuters) -U.S. railroad operator Norfolk Southern ( NSC ) said Chairman Claude Mongeau resigned from the company's board on Tuesday, citing personal reasons.

Mongeau had been an independent director on Norfolk's board since 2019, and was appointed chairman in May last year. He had previously served as president and chief executive for Canadian National Railway from 2010 to 2016.

The board will elect a new chair at its next meeting later this month, the company said.

Mongeau is currently also a director at Canadian oil and gas firm Cenovus Energy.

Norfolk had agreed to add an independent member to its board last year, settling a long-drawn battle with activist investor Ancora Holdings over the company's governance.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Banzai Reports First Quarter 2026 Financial Results
Banzai Reports First Quarter 2026 Financial Results
May 15, 2026
Revenue of $2.7 million; Gross Profit of $2.2 million, Achieving Gross Margin of 80.7% Signed Non-Binding Letter of Intent to Acquire Assets of ConnectAndSell, Inc. (ConnectAndSell), Expected to Increase Revenue and Expand AI Platform Capabilities Management to Host First Quarter 2026 Results Conference Call Today, Friday, May 15, 2026 at 4:30 p.m. Eastern Time SEATTLE, May 15, 2026 (GLOBE NEWSWIRE) -- Banzai International,...
Greenlane Reports First Quarter 2026 Financial Results
Greenlane Reports First Quarter 2026 Financial Results
May 15, 2026
BOCA RATON, Fla., May 15, 2026 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. ( GNLN ) (“Greenlane” or the “Company”) , a publicly traded company with a digital asset treasury strategy focused on the acquisition, management, and strategic deployment of BERA, the native token of the Berachain blockchain network, today reported its financial results for the first quarter ended March 31,...
KKR eyes sale of West Coast membership club operator The Bay Club, sources say
KKR eyes sale of West Coast membership club operator The Bay Club, sources say
May 15, 2026
* KKR working with Moelis and Morgan Stanley on potential $3 billion sale, sources say * Recent membership club M&A includes KSL's deal for Invited Clubs and Soho House take private * Bay Club now has more than 150,000 members and 35 locations across California, Washington, Oregon By Abigail Summerville May 15 - Investment firm KKR & Co ( KKR...
Amgen's rare disease drug linked to deaths, liver injuries in Japan, WSJ reports
Amgen's rare disease drug linked to deaths, liver injuries in Japan, WSJ reports
May 15, 2026
May 15 (Reuters) - At least 20 people in Japan who took Amgen's ( AMGN ) rare disease drug have died, while 22 others developed potentially fatal liver injuries, the Wall Street Journal reported on Friday, citing partner Kissei Pharmaceutical. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved