Norfolk Southern CEO Alan Shaw is out effective immediately after the board determined he engaged in a consensual relationship with legal chief Nabanita Nag, the company announced Wednesday. He will be replaced by finance chief Mark George.
In a news release, Norfolk Southern said Mr. Shaw, who became chief executive in May 2022, had a consensual relationship with its top lawyer, Nabanita C. Nag, who was also fired. [both are married to someone else]
"Norfolk Southern also announced that Nabanita C Nag has been terminated from her roles as Executive Vice President Corporate Affairs, Chief Legal Officer & Corporate Secretary, effective immediately, in connection with the preliminary findings of the Board's ongoing investigation. Jason M. Morris will serve as acting Corporate Secretary," the statement reads.
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