9 months ago
30
(NewsNation) — Norfolk Southern says it has launched an probe into allegations of imaginable misconduct by CEO Alan Shaw.
The railroad institution is reportedly looking into whether Shaw "engaged successful an inappropriate workplace relationship," according to CNBC, which cited 3 radical acquainted with the matter.
Norfolk Southern confirmed the misconduct probe successful a connection Sunday but did not accidental whether it was related to a workplace relationship. The institution said its audit committee is moving with a instrumentality steadfast to "conduct an autarkic probe of the allegations."
CNBC said the probe is successful its aboriginal stages.
Shaw has been CEO of the Atlanta-based railroad since May 2022. While successful charge, he's faced disapproval for his handling of the toxic East Palestine, Ohio, derailment and fended disconnected an activistic investor's attempt to oust him arsenic CEO.
Last year, Shaw received a basal wage of $1.1 cardinal and full compensation topping $13.4 million.
"Norfolk Southern holds each its squad members to the highest standards. In enactment with the company's Code of Conduct and institution policy, allegations of misconduct are thoroughly investigated," the railroad said successful its statement.
The institution said it can't remark further until the probe is complete.
