Norfolk Southern announces COO transition: Sanborn steps down, Duncan appointed Jan 1, 2023

NORFOLK SOUTHERN CORP

Cynthia Sanborn will depart as EVP & COO effective Jan 1, 2023; entitled to severance under Norfolk Southern Executive Severance Plan.
Paul B. Duncan appointed EVP & COO effective Jan 1, 2023; currently SVP Transportation & Network Operations.
Duncan will receive annual salary of $600,000 and be eligible for equity and incentive bonus opportunities.
Sanborn served 35 years in rail industry; Duncan has over 20 years of railroad operations experience.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Cynthia Sanborn

Executive Vice President and Chief Operating Officer

NSC · NORFOLK SOUTHERN CORP

Effective: 2023-01-01
Successor: Paul B. Duncan
Filed: November 14, 2022, 6:59 PM ET

Cynthia Sanborn will depart from her position as Executive Vice President and Chief Operating Officer, effective January 1, 2023.

Appointed

Paul B. Duncan

Executive Vice President and Chief Operating Officer

NSC · NORFOLK SOUTHERN CORP

Effective: 2023-01-01
Filed: November 14, 2022, 6:59 PM ET

On November 10, 2022, the Company’s Board of Directors appointed Paul B. Duncan as Executive Vice President and Chief Operating Officer, effective January 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cynthia Sanborn departed as Executive Vice President and Chief Operating Officer at NORFOLK SOUTHERN CORP.

Action: depart
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

Cynthia Sanborn will depart from her position as Executive Vice President and Chief Operating Officer, effective January 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul B. Duncan was appointed as Executive Vice President and Chief Operating Officer at NORFOLK SOUTHERN CORP.

Action: appointed
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On November 10, 2022, the Company’s Board of Directors appointed Paul B. Duncan as Executive Vice President and Chief Operating Officer, effective January 1, 2023.

View on SEC.gov

NORFOLK SOUTHERN CORP filing history →

Source: SEC EDGAR

accession 0001552781-22-000632

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