Norfolk Southern Fires CEO for Relationship With Legal Chief (2)

Norfolk Southern Corp. fired Chief Executive Officer Alan Shaw after an investigation found he violated company policies by engaging in a consensual relationship with its chief legal officer.

Alan Shaw

Photographer: Al Drago/Bloomberg

Chief Financial Officer Mark George was appointed CEO and will join the board, according to a statement late Wednesday. The company also said it terminated Nabanita Nag from her roles as legal chief and corporate secretary.

Shaw’s sudden downfall just over two years after he took the helm upends the leadership of one of the country’s most prominent railroads. Norfolk, which has battled an activist campaign and negative attention from a ...