Norfolk Southern Appoints New CFO and Chief Legal Officer
Ticker: NSC · Form: 8-K · Filed: Sep 12, 2024 · CIK: 702165
Sentiment: neutral
Topics: executive-appointment, leadership-change
Related Tickers: NSC
TL;DR
NSC brings in new CFO Mark George & CLO John Casey on Sept 16th.
AI Summary
Norfolk Southern Corporation announced on September 11, 2024, changes in its executive team. The company appointed Mark R. George as Senior Vice President and Chief Financial Officer, effective September 16, 2024. Additionally, John F. Casey was appointed as Senior Vice President, Chief Legal Officer and Corporate Secretary, also effective September 16, 2024. These appointments are part of the company's ongoing leadership transitions.
Why It Matters
These executive appointments signal a shift in leadership at Norfolk Southern, potentially impacting strategic direction and financial oversight.
Risk Assessment
Risk Level: low — The filing details routine executive appointments and does not indicate any significant financial distress or operational issues.
Key Players & Entities
- Norfolk Southern Corporation (company) — Registrant
- Mark R. George (person) — Appointed Senior Vice President and Chief Financial Officer
- John F. Casey (person) — Appointed Senior Vice President, Chief Legal Officer and Corporate Secretary
- September 16, 2024 (date) — Effective date of appointments
- September 11, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of Norfolk Southern Corporation?
Mark R. George has been appointed as the new Senior Vice President and Chief Financial Officer.
When do the new executive appointments become effective?
The appointments of Mark R. George and John F. Casey are effective September 16, 2024.
What is the title of John F. Casey?
John F. Casey has been appointed as Senior Vice President, Chief Legal Officer and Corporate Secretary.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 11, 2024.
What is the principal executive office address for Norfolk Southern Corporation?
The principal executive offices are located at 650 West Peachtree Street NW, Atlanta, Georgia 30308-1925.
Filing Stats: 1,788 words · 7 min read · ~6 pages · Grade level 12.8 · Accepted 2024-09-12 06:04:31
Key Financial Figures
- $1.00 — ern Corporation Common Stock (Par Value $1.00) NSC New York Stock Exchange Indic
- $1,000,000 — Mr. George's annual base salary will be $1,000,000 per year and his annual incentive oppor
- $4,000,000 — entive award with a grant date value of $4,000,000, 50% of which will be in the form of ti
- $400,000 — annual base salary will continue to be $400,000 per year and his annual incentive oppor
Filing Documents
- d846772d8k.htm (8-K) — 37KB
- d846772dex101.htm (EX-10.1) — 24KB
- d846772dex991.htm (EX-99.1) — 11KB
- g846772g0911225547070.jpg (GRAPHIC) — 8KB
- 0001193125-24-217556.txt ( ) — 222KB
- nsc-20240911.xsd (EX-101.SCH) — 3KB
- nsc-20240911_lab.xml (EX-101.LAB) — 17KB
- nsc-20240911_pre.xml (EX-101.PRE) — 11KB
- d846772d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. 10.1 Amended and Restated Offer Letter, dated September 11, 2024, between Norfolk Southern Corporation and Mark R. George (filed herewith)* 99.1 Press Release of Norfolk Southern Corporation (furnished herewith) 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document) * Indicates Management Compensatory Plan, Contract or Arrangement. Cautionary Statement on Forward-Looking Statements Certain statements in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or our achievements or those of our industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "goals," "estimate," "opportunity," "targets," "project," "consider," "predict," "potential," "feel," or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as well as the Company's subsequent filings wit
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORFOLK SOUTHERN CORPORATION (Registrant) By: /s/ Jason M. Morris Jason M. Morris Acting Corporate Secretary Dated: September 12, 2024