May 9, 2024, 2:55 PM
May 9, 2024, 12:00 AM

Activist Ancora wins three board seats at Norfolk Southern but fails to oust CEO

Highlights
  • Activist Ancora secures three board seats at Norfolk Southern, falling short of ousting the CEO.
  • Norfolk Southern shareholders have elected ten of the thirteen director nominees to the company board.
  • Despite the partial victory, Ancora activists will not be able to remove the CEO from the company.

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