As Norfolk Southern battle nears climax, STB head Oberman backs management

Capt. John

It’s uncertain whether it will change any minds this late in the game, but the outgoing head of the Surface Transportation Board has made it clear he supports keeping Norfolk Southern’s existing management in place.

In a speech at the North American Rail Shippers Association’s annual meeting, STB Chairman Martin Oberman said he wasn’t trying to influence a vote set for Thursday — a day before Oberman leaves office — on Ancora Holdings’ effort to oust Norfolk Southern CEO Alan Shaw through a...

https://www.freightwaves.com/news/as-norfolk-southern-battle-nears-climaxstb-head-oberman-backs-management

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