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Norfolk Southern Corporation (NSC)
- Business Wire
Jim Barber, Former UPS COO and Member of Ancora’s Slate, Sends Letter to Norfolk Southern Shareholders Ahead of May 9th Annual Meeting
CLEVELAND, May 03, 2024--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 letter from James Barber, Jr., who is one the seven unaffiliated and qualified candidates the firm is seeking to elect to the Company’s 13-member Board of Directors (the "Board") at the Annual Meeting of Shareholders (the "Annual Meeting") on Ma
- Business Wire
All Three Leading Independent Proxy Advisory Firms Recommend Norfolk Southern Shareholders Vote "FOR" Significant Boardroom Change on the BLUE Proxy Card
CLEVELAND, May 03, 2024--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 announced that all three independent proxy advisory firms – Institutional Shareholder Services Inc. ("ISS"), Glass, Lewis & Co. ("Glass Lewis"), and Egan-Jones Ratings Company ("Egan-Jones") – have now recommended that Norfolk Southern shareholders vote "FOR" si
- Reuters
Third proxy advisory firm urges Norfolk Southern investors to elect Ancora directors
Egan-Jones is the third proxy advisory firm to support Ancora director candidates after Institutional Shareholder Services supported five of Ancora's seven nominees and Glass-Lewis backed six of the hedge fund's director candidates. Egan-Jones said the Atlanta-based railway's board has failed its "oversight responsibilities by allowing a non-optimum approach to operational transformation" at Norfolk Southern.
