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Ohio-based Ancora Holdings Group, LLC today issued the below letter to the Board of Directors of Norfolk Southern Corporation , focusing on topics that include recent public statements from CEO...
Railroad industry news about: Norfolk Southern Corp., Ancora Holdings Group, proxy fight, shareholders meeting May 9, Alan Shaw, John Orr, Jim Barber, Jamie Boychuk. From the editors of Progressive Railroading Magazine
“Nothing is going to change” is a common message delivered to employees when the ownership of their company changes. While that might be true initially, a new owner eventually makes judgments about ways to improve operations and develops plans and procedures for making those adjustments reality. Sometimes those judgments prove correct and sometimes not. Sometimes […]
(Reuters) - Proxy advisory firm Egan Jones said on Thursday that it recommended Norfolk Southern shareholders vote for activist investor Ancora's nominees to the company's board and backed a CEO change at the railroad. The advisory firm said it fav...
Proxy advisory firm Egan-Jones on Thursday recommended Norfolk Southern shareholders elect all seven of hedge fund Ancora Holdings' proposed director candidates to the railway's 13-member board and...