Norfolk Southern appoints John Orr, a precision scheduled railroading expert, as COO amid pressure from shareholder Ancora Holdings Group.
Norfolk Southern appoints John Orr as its new Chief Operating Officer (COO) amid pressure from activist shareholder Ancora Holdings Group to revamp its leadership. Orr, a protégé of industry legend Hunter Harrison, joins from rival Canadian Pacific Kansas City Ltd., where he specialized in precision scheduled railroading strategies. In his new role, Orr will oversee safety, transportation, network planning, and operations. Norfolk Southern agreed to pay $25 million to CPKC to waive Orr's non-compete provisions, reflecting his "unique set of skills and experience" and expected impact on long-term value creation.
March 20, 2024
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