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Search resuls for: "Shaw’s"


5 mentions found


☆ Norfolk Southern CEO sells stock and sets up scholarship fund for East Palestine
  + stars: | 2023-03-03 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
New York CNN —Norfolk Southern CEO Alan Shaw sold $448,000 worth of the company’s stock this week, a month after the toxic train derailment in East Palestine, Ohio, that is still being cleaned up. The stock sale was completed under terms of a pre-arranged plan put in place in May 2022, shortly after he was promoted to CEO. In Shaw’s plan, he sells 2,000 shares of Norfolk Southern shares every three months. While his stock sale is typical for a CEO, it’s also an indication of how well paid he is running one of the nation’s four major freight railroads. His predecessor as CEO, James Squires, received $14 million that year, which is more than the $12 million the railroad has said it paid to residents and community groups in East Palestine.
☆ Norfolk Southern CEO defends railroad’s response to Ohio derailment
  + stars: | 2023-02-21 | by ( Artemis Moshtaghian Linh Tran Yon Pomrenze Chris Isidore | Artemis Moshtaghian | Linh Tran | ) edition.cnn.com   time to read: +5 min
East Palestine, Ohio CNN —Norfolk Southern CEO Alan Shaw defended his company’s actions since the disaster caused by the derailment of one of its trains in East Palestine, Ohio, and promised the railroad will pay for the cleanup. “Norfolk Southern is committed to the community and citizens of East Palestine,” Shaw told CNN Tuesday. “From day one I’ve made the commitment that Norfolk Southern is going to remediate the site,” Shaw said. Norfolk Southern “started as soon as the derailment occurred,” he said. If folks in this community want bottled water, they’re going to get it.”
☆ Investors will reap billions if Kroger takes over Albertsons. Workers and shoppers may not be as happy.
  + stars: | 2022-11-05 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com   time to read: +11 min
Wealthy investors in Safeway’s parent, Albertsons Companies, have done better. And next week, they were slated to reap a $4 billion cash dividend in connection with a proposed $25 billion takeover of Albertsons by rival Kroger. Based on that stake and the amount of the dividend, Cerberus stands to receive roughly $1 billion of the dividend payout. Six of Albertsons’ 14 directors who voted for the dividend are affiliated with the major investors. This is the last, best and final hope for a truly unionized chain.”Nervous about the pensionThe proposed $4 billion cash dividend is large by many measures.
☆ Actor Henry Silva dies at 95
  + stars: | 2022-09-17 | by ( ) www.nbcnews.com   time to read: +7 min
He was the last surviving star of the original Oceans 11 Movie. A 1985 article by Knight-Ridder journalist Diane Haithman headlined “Henry Silva: The Actor You Love to Hate” began this way: “His face looms on screen. The actor starred the next year for Miraglia in “The Falling Man,” in which he played a cop framed for killing a police informer. Silva got even busier in the 1970s, playing tough customers on both sides of the law in movies made in Europe. Silva auditioned for the Actors Studio in 1955; he was one of five students accepted from a field of 2,500 applicants.
☆ An Imperfect Decade
  + stars: | 2022-08-04 | by ( Tyler Kepner | ) www.nytimes.com   time to read: +1 min
The San Francisco Giants were playing their own game, just down the steps from the home clubhouse at Oracle Park, but Carlos Rodón and some of his teammates stayed inside. Down the coast, Clayton Kershaw was working on a perfect game for the Los Angeles Dodgers. At least there was the possibility of history, and that was enough to intrigue Rodón, who had come so close to his own slice of it in 2021. That spoiled Rodón’s perfect game, but he was thrilled to settle for a no-hitter, one of 317 in major league history. “We were like, ‘We’re not even close.’ This is like the third longest, only 10 years.”
Persons: Carlos Rodón, Clayton Kershaw, Rodón, Roberto Pérez’s, ” Rodón, “, We’re, ” Organizations: San Francisco Giants, Oracle, Los Angeles Dodgers, Chicago White Sox, Cleveland, Los Angeles Angels
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