News Column

BRIEF: Norfolk Southern gets good economic report

May 8, 2014

By Robert McCabe, The Virginian-Pilot



May 08--Norfolk Southern Corp.'s stockholders got an upbeat report at the company's annual meeting Thursday in Williamsburg.

"Clearly, 2013 was a big year for us," said CEO Wick Moorman, who cited records set in railway operating revenue, operating income and earnings per share, according to a company statement.

Stockholders re-elected 13 directors for terms expiring in 2015, ratified the appointment of auditors and approved an advisory resolution on executive compensation.

A stockholder proposal recommending an independent chair of the board of directors was not presented at the meeting, so no action was taken on it.

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(c)2014 The Virginian-Pilot (Norfolk, Va.)

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Source: Virginian-Pilot (Norfolk, VA)


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