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
- 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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