Norfolk Southern proxy fight In 2024, AFL-CIO voiced its opposition to an investor-led plan at Norfolk Southern Railway to replace the company's top management and several board members. Organized labor is divided on the issue, which is the major sticking point of a proxy battle between NS management and investors ahead of a May 9, 2024 shareholder meeting. AFL-CIO came out and voiced its support for Norfolk's CEO Alan Shaw, citing concerns about safety, service, and job losses. The union criticized the proposal to replace Shaw and implement a system known as precision railroading.
Norfolk soUTHErN Proxy FigHt In 2024, aFl-cio voiced its opPOsition tO an investor-lEd Plan aT nORFolk southErN rAilwAy to replAce the cOmpaNy's tOp manageMenT and sEverAl boarD memBeRS. orGanIzed Labor is divIded On tHE iSsUE, which is The MajoR sTickiNG poInT Of a prOxy BatTle betwEEn Ns mANAGemEnt ANd InvEsToRS AhEaD of a may 9, 2024 SharEhOldEr MeEtInG. Afl-CIO camE OuT and voiCEd Its supPort FOr NORfolk's cEO Alan sHaw, citIng ConcErnS ABOut SafETy, sErvicE, And jOb Losses. The union CriTiciZed the pRopOsal to rEpLace ShaW And implemeNT a SyStEm knOwN as preCISion RaiLroading.