Author Topic: Norfolk Southern fires CEO  (Read 1781 times)

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eja

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Chris333

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Re: Norfolk Southern fires CEO
« Reply #1 on: September 11, 2024, 08:50:28 PM »
0
So how much money did he get?

learmoia

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Re: Norfolk Southern fires CEO
« Reply #2 on: September 11, 2024, 09:49:26 PM »
0
Wasn't the hedge fund trying to get rid of him?

Ed Kapuscinski

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Re: Norfolk Southern fires CEO
« Reply #3 on: September 13, 2024, 08:51:35 AM »
+1
How hard is it to keep it in your pants?? Jeez.

peteski

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Re: Norfolk Southern fires CEO
« Reply #4 on: September 13, 2024, 09:09:20 AM »
+1
How hard is it to keep it in your pants?? Jeez.

Apparently is it hard.  Just ask many high level politicians.  :D
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Philip H

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Re: Norfolk Southern fires CEO
« Reply #5 on: September 13, 2024, 10:15:09 AM »
+1
So how much money did he get?

None since he was fired for cause.
Philip H.
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C855B

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Re: Norfolk Southern fires CEO
« Reply #6 on: September 13, 2024, 10:26:53 AM »
+1
What makes me shake my head is that it was with the company lawyer, who of course was also shown the door. There had to be pillow talk somewhere along the way of "You know what happens if we're caught, right?" "Yeah. We both lose our phoney-baloney jobs, that's what."

Really smart people can do really dumb things sometimes.
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Missaberoad

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Re: Norfolk Southern fires CEO
« Reply #7 on: September 13, 2024, 12:14:50 PM »
+5
I'm not sure I would call railroad executives "really smart people"

 :trollface:
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basementcalling

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Re: Norfolk Southern fires CEO
« Reply #8 on: September 13, 2024, 01:03:40 PM »
+5
Contaminate a community with hazmat wrecks and get a raise for cutting safety expenses, but sleep with a co worker and you're fired.
Peter Pfotenhauer

Point353

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Re: Norfolk Southern fires CEO
« Reply #9 on: September 13, 2024, 01:34:05 PM »
+1
How hard is it to keep it in your pants?? Jeez.


Mark5

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Re: Norfolk Southern fires CEO
« Reply #10 on: September 13, 2024, 05:35:55 PM »
+1
None since he was fired for cause.

For once, no "golden parachute for a failed exec!  :D

Norfolk Southern said Shaw won't receive any severance and will have to forfeit any outstanding stock awards because he was fired for cause.
https://www.usnews.com/news/business/articles/2024-09-12/norfolk-southern-sets-salary-and-bonus-for-newly-promoted-ceo-after-firing-alan-shaw



Ed Kapuscinski

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Re: Norfolk Southern fires CEO
« Reply #11 on: September 14, 2024, 08:53:50 AM »
+2
For once, no "golden parachute for a failed exec!  :D

Norfolk Southern said Shaw won't receive any severance and will have to forfeit any outstanding stock awards because he was fired for cause.
https://www.usnews.com/news/business/articles/2024-09-12/norfolk-southern-sets-salary-and-bonus-for-newly-promoted-ceo-after-firing-alan-shaw



I mean, there are often more to these things than meets the eye.

Maybe the board knew he had to take a hit, and turned a blind eye to the affair, but he could've crossed a line and this was the cheapest way to get rid of him.

It's how intelligence services turn agents.

Hmm...

learmoia

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Re: Norfolk Southern fires CEO
« Reply #12 on: October 12, 2024, 10:00:14 PM »
0

John

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Re: Norfolk Southern fires CEO
« Reply #13 on: October 13, 2024, 06:15:22 AM »
0
.

It's how intelligence services turn agents.

Hmm...




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