a former U.S. senator. Ancora Holdings, led by an investor group, had amassed a $1 billion stake in Norfolk Southern, announcing plans to overhaul the board and replace CEO Alan Shaw, according to ...

Activist investor Ancora Holdings reiterated ... Richard Anderson and former U.S. Senator Mary Kathryn “Heidi” Heitkamp. Norfolk Southern (NSC) has been plagued by lawsuits and regulatory ...

This appointment is made pursuant to the terms of the agreement between Norfolk Southern Corporation and Ancora Holdings that was announced in November 2024, in which the parties agreed to work ...

Ancora executive Jim Chadwick denounced then-CEO of Norfolk Southern Alan Shaw for having missed earnings estimates six quarters in a row and “destroyed a town in our own state.” Today ...

The Atlanta-based railroad urged shareholders to reject Ancora ... Norfolk Southern also nominated two new board members of its own — a former Amtrak CEO and a former U.S. Senator — that ...

Led by Jim Chadwick, Ancora has focused on campaigns at industrial and transportation companies. In recent years, it has secured board seats at Berry Global Group Inc. and Norfolk Southern Corp. In ...

Then, activist investor Ancora Holdings tried to take control of the railroad earlier this year and fire Shaw. The disappointing financial results Norfolk Southern delivered after the derailment ...

Ancora, which also has investments in companies like Norfolk Southern and RB Global, charged that U.S. Steel's CEO David Burritt was "unfit for leadership" for continuing to pursue between U.S ...

Norfolk Southern reaches agreements with four labor unions Activist investor Ancora Holdings is urging Forward Air to launch a strategic review and consider a sale, and it warned that a board ...

Activist Ancora to push U.S. Steel to drop Nippon merger and oust CEO, WSJ reports January 27, 2025 Railroad operator Norfolk Southern agreed to add an independent member to its board as it ...