Proxy advisor ISS says unions and pension funds should back Norfolk Southern activist investor
CNBC - 2024-05-02T15:01:18.000Z

ESG-focused investors and unions should back Norfolk Southern activist Ancora and its CEO pick Jim Barber, Institutional Shareholder Services said on Thursday.

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With Norfolk Southern proxy battle entering the homestretch, activist investor woos shareholders
CLEVELAND – With less than a week to go in its Norfolk Southern proxy fight, activist investor Ancora Holdings has questioned the railroad’s service improvements, won support from a small proxy advisory firm, and sought to woo shareholders with a letter from CEO candidate Jim Barber Jr. NS has touted the pace of operational improvements []Read More
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- 2024-05-03T20:08:14.000Z
Norfolk Southern shareholders back CEO Alan Shaw but give activist investors three board seats (updated)
ATLANTA — Norfolk Southern shareholders delivered a split verdict today, sparing CEO Alan Shaw while electing three of activist investor Ancora Holdings’ insurgent director candidates and ousting its independent chair, Amy Miles. Investors sent a clear message that ends the bitter proxy fight. They backed Ancora’s desire for change but sought to give Shaw & []Read More
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- 2024-05-10T02:55:40.000Z
Norfolk Southern activist investor predicts a carload growth miracle: Analysis
If activist investor Ancora Holdings wins its Norfolk Southern proxy battle this week, its new management team aims to generate unprecedented growth in carload traffic over the next four years. Ancora plans to run the same playbook that CSX has used since it shifted to a Precision Scheduled Railroading operating plan in 2017. Improve your []Read More
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- 2024-05-06T15:17:20.000Z

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With Norfolk Southern proxy battle entering the homestretch, activist investor woos shareholders

Norfolk Southern shareholders back CEO Alan Shaw but give activist investors three board seats (updated)

Norfolk Southern activist investor predicts a carload growth miracle: Analysis