Norfolk Southern Updates Proxy Info Online

TL;DR

NSC launched VoteNorfolkSouthern.com for proxy info. Check it out before voting.

AI Summary

Norfolk Southern Corporation (NSC) filed a DEFA14A on April 1, 2024, updating its proxy statement. The company launched a website, www.VoteNorfolkSouthern.com, on March 29, 2024, to provide shareholders with information related to upcoming proxy matters. This filing is a definitive additional material, indicating it supplements previously filed proxy materials.

Why It Matters

This filing provides shareholders with updated information and resources for the upcoming proxy vote, ensuring they have access to materials needed to make informed decisions regarding the company's governance.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information to shareholders and does not present immediate financial or operational risks.

Key Players & Entities

• NORFOLK SOUTHERN CORP (company) — Registrant
• NSC (company) — Abbreviation for Norfolk Southern Corporation
• www.VoteNorfolkSouthern.com (company) — Website for proxy information

FAQ

Key Financial Figures

• $100m — asset turns that will require less than $100mm of capital investment and (3.12.24) CU

Filing Documents

• d801153ddefa14a.htm (DEFA14A) — 23KB
• g801153dsp002.jpg (GRAPHIC) — 232KB
• g801153dsp003.jpg (GRAPHIC) — 367KB
• g801153dsp004.jpg (GRAPHIC) — 262KB
• g801153dsp005.jpg (GRAPHIC) — 281KB
• g801153g0329133906858.jpg (GRAPHIC) — 9KB
• 0001193125-24-082241.txt ( ) — 1609KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Under Rule 14a-12 Norfolk Southern Corporation (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if Other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. On March 29, 2024, Norfolk Southern Corporation (NSC) updated its website www.VoteNorfolkSouthern.com, which contains information relating to NSCs 2024 Annual Meeting of Shareholders. A copy of the updated website content (other than that previously filed) can be found below: HERES WHAT PEOPLE ARE SAYING ABOUT JOHN ORR Recognized as an Operations Leader by Industry CEOs JOHN ORR IS ONE OF THE MOST RESPECTED RAILROADERS IN THE INDUSTRY [W]ith decades of hands-on experience leading successful operating plans he was instrumental in executing a scheduled railroading strategy at Kansas will make him a tremendous addition to Norfolk Southerns team. Patrick J. Ottensmeyer Former KCS President and Chief Executive Officer JOHN HAS UNDOUBTEDLY IMPACTED KANSAS CITY SOUTHERN (KCS) AND CPKC IN A POSITIVE WAY I have had the pleasure to serve and lead with John directly or indirectly for over the last two decades. His strong operating acumen and leadership capabilities has enabled him to build a strong team currently leading our CPKC Mexico Operations... As leaders we are charged to leave our organizations betterJohn has undoubtedly impacted Kansas City Southern (KCS) and CPKC in a positive way, for which we are grateful. Keith Creel CPKC President and Chief Executive Officer VOTENORFOLKSOUTHERN.COM STRONG ENDORSEMENTS FROM FINANCIAL ANALYSTS NSC BRINGS IN ONE OF THE INDUSTRYS MOST EXPERIENCED OPERATING EXECUTIVES TO VERTICAL IMPROVE THE RAILROAD... The arrival of Mr. Orr puts greater confidence in the timing of RESEARCH a potential operating improvement, and now allows NSC to provide investors with an acceleration of the operating margin outlook for a prior range of 100-150 basis points PARTNERS a year to 400 basis points in the second half of 2024 alone. This would bring NSCs operating margins within striking distance of industry peers within a year. Orr is a railroad lifer who spent 34 years at Canadian National and is an AWARD-WINNING EXPERT IN PRECISION RAILROADING. GORDON HASKETT It sounds like he may have actually written a book on the subject. We believe Orr has a strong track record in the industry as a proven operator implementing scheduled railroading, including his role in the task force he led to J.P. MORGAN improve CPKCs operations in Mexico, and WE ARE CONSTRUCTIVE ON THE HIRE AND ORRS ABILITY TO IMPROVE NORFOLKS OPERATIONS. We flag that Mr. Orr has extensive PSR operating experience over a 40-year career RBC CAPITAL much of which was with the late Hunter Harrison. WE HOLD IN HIGH REGARD MR. ORRS PSR EXPERTISE, AND VIEW HIS APPOINTMENT TO COO POSITIVELY. MARKETS Importantly, [John Orr] has the Hunter Harrison PSR pedigree that was missing with outgoing NSC COO Paul Duncan, and consequently, we find it safe to say THIS SHOULD STIFEL BE A WIN IN THE SHAREHOLDERS VIEW AND A POSSIBLE PATH TOWARDS REACHING A MIDDLE GROUND WITH ANCORA GROUP. Important Additional Information The Company has filed a definitive proxy statement (the 2024 Proxy Statement) on Schedule 14A and a WHITE proxy card with the Securities and Exchange Commission (the SEC) in connection with the solicitation of proxies for its 2024 Annual Meeting of Shareholders (the 2024 Annual Meeting). SHAREHOLDERS ARE STRONGLY ADVISED TO READ THE COMPANYS 2024 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE WHITE PROXY CARD AND ANY OTHER DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders may obtain a free copy of the 2024 Proxy Statement, any amendments or supplements to the 2024 Proxy Statement and other documents that the Company files with the SEC from the SECs website at www.sec.gov or the Companys website at https://norfolksouthern. investorroom.com as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC. Certain Information Concerning Participants The Company, its directors and certain of its executive officers and employees may be deemed participants in the solicitation of proxies from shareholders in connection with the matters to be considered at the 2024 Annual Meeting. I

View Full Filing

View this DEFA14A filing on SEC EDGAR