Ancora details serious governance, process and competition-related issues stemming from norfolk southern's appointment of john orr as coo

Cleveland--(business wire)--ohio-based ancora holdings group, llc (collectively with its affiliates, “ancora” or “we”), which owns a large equity stake in norfolk southern corporation (nyse: nsc) (“norfolk southern” or the “company”), today issued the below statement in response to the company's appointment of its third coo in two years under ceo alan shaw: “the board and mr. shaw put their own interests ahead of shareholders' interests by paying $25 million and giving up part of norfolk southe.
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