STOCK TITAN

Norfolk Southern Names Nabanita Nag Executive Vice President & Chief Legal Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Norfolk Southern Corporation (NYSE: NSC) announced key executive appointments effective July 1, 2022. Nabanita Nag is appointed Executive Vice President & Chief Legal Officer, overseeing Law, Government Relations, and Compliance. Jason Morris is now Vice President Law, bringing extensive legal and labor relations experience. Wai Wong takes on the role of Vice President Labor Relations, focusing on employee engagement and legal matters. President Alan Shaw emphasized these moves bolster leadership and enhance long-term shareholder value.

Positive
  • Nabanita Nag's elevation positions her to strategically align Law, Government Relations, and Compliance departments, enhancing operational efficiency.
  • Jason Morris brings valuable labor relations experience back to the Law department, increasing institutional knowledge and effectiveness.
  • Wai Wong's dual background in legal and human resources roles supports improved employee engagement and labor relations.
Negative
  • None.

Jason Morris becomes VP Law; Wai Wong elevated to VP Labor Relations

ATLANTA, June 23, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) today announced three changes in the company's executive management team.

  • Nabanita Nag is appointed Executive Vice President & Chief Legal Officer.
  • Jason Morris is appointed Vice President Law.
  • Wai Wong is appointed Vice President Labor Relations.

"These moves enhance the leadership of our Law Division, strengthen our ability to deliver long-term shareholder value, and demonstrate our deep bench of executive talent," said President and CEO Alan Shaw.

Nabanita Nag joined Norfolk Southern in August 2020 as General Counsel Corporate. She was elevated to Senior Vice President & Chief Legal Officer in March 2022. In her new role, Nag will oversee Law, Government Relations, and Audit & Compliance, as well as the Corporate Secretary's office.

"Nabanita is a strategic thinker and collaborative leader who has made an immediate impact on our company," Shaw said. "By bringing our Law, Government Relations, and Audit & Compliance teams together under Nabanita's leadership, we strengthen alignment across these departments as we engage with stakeholders on issues of importance to our company and the nation's economy."

Prior to joining Norfolk Southern, Nag served as Vice President & Corporate Counsel in the Financial Management Law Group at Prudential Financial. Before that, she was Vice President & Associate General Counsel in the Finance & Corporate Legal Group at Goldman Sachs and associate attorney with Shearman & Sterling. She is a graduate of New York University School of Law and holds Bachelor of Arts degrees in English and Government from Georgetown University.

Jason Morris joined Norfolk Southern's Law department in 2010, handling safety, labor, and employment issues. He later moved to the company's Safety & Environmental Department, serving as System Director Safety before being promoted to Assistant Vice President in 2018. In June 2021, he was named Vice President Labor Relations.

"Jason is a skilled lawyer and effective leader who returns to the Law department with strong institutional knowledge and a broad range of experiences at Norfolk Southern," Shaw said. "His experience in Labor Relations will be especially valuable in his new role."

Morris, a U.S. Air Force veteran, previously served as a legislative director in the U.S. House of Representatives and as a logistics readiness officer in the Virginia Air National Guard. He is a graduate of the U.S. Air Force Academy, the University of Virginia School of Law, and the Executive Development Program at the Kellogg School of Management at Northwestern University.

Wai Wong, currently Assistant Vice President Human Resources, joined Norfolk Southern in 2015 as Assistant General Solicitor, where he handled labor and employment law. He then progressed through a series of roles including Counsel, Technology and Strategic Communications, and Director Employee Experience.

"Wai's legal background, coupled with his experience in Human Resources, position him well to lead our Labor Relations team," said Executive Vice President & Chief Transformation Officer Annie Adams. "During his time in HR, Wai has focused on enhancing the employee experience and driving engagement – including important efforts to support our Operations Division and craft railroaders."

Prior to joining Norfolk Southern, Wong was an associate attorney with Gibson, Dunn & Crutcher LLP. He graduated from the University of Virginia School of Law and received a Bachelor of Arts degree in economics from Princeton University.

All three of the appointments are effective July 1.

About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies, moving the goods and materials that drive the U.S. economy. Norfolk Southern connects customers to markets and communities to economic opportunity, with safe, reliable, and sustainable shipping solutions. The company's service area includes 22 states and the District of Columbia, every major container port in the eastern United States, and a majority of the U.S. population and manufacturing base.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-names-nabanita-nag-executive-vice-president--chief-legal-officer-301574351.html

SOURCE Norfolk Southern Corporation

FAQ

Who was appointed as Executive Vice President & Chief Legal Officer at Norfolk Southern Corporation?

Nabanita Nag was appointed as Executive Vice President & Chief Legal Officer.

What are the new roles for Jason Morris and Wai Wong at Norfolk Southern?

Jason Morris was appointed Vice President Law, and Wai Wong was appointed Vice President Labor Relations.

When do the new executive appointments at Norfolk Southern take effect?

The new appointments take effect on July 1, 2022.

What experience does Nabanita Nag have prior to her new role?

Nabanita Nag previously served as General Counsel Corporate and has experience at Prudential Financial and Goldman Sachs.

What is the significance of the executive changes at Norfolk Southern for shareholders?

The changes are aimed at enhancing leadership and delivering long-term shareholder value.

Norfolk Southern Corp.

NYSE:NSC

NSC Rankings

NSC Latest News

NSC Stock Data

53.50B
226.07M
0.07%
77.6%
0.98%
Railroads
Railroads, Line-haul Operating
Link
United States of America
ATLANTA