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Norfolk Southern Fires CEO for Relationship With Legal Chief

  • Railroad says probe found Shaw violated company policies
  • CFO Mark George was appointed CEO and will join the board
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Norfolk Southern Corp. fired Chief Executive Officer Alan Shaw after an investigation found he violated company policies by engaging in a consensual relationship with its chief legal officer.

Chief Financial Officer Mark George was appointed CEO and will join the board, according to a statementBloomberg Terminal late Wednesday. The company also said it terminated Nabanita Nag from her roles as legal chief and corporate secretary.