NORFOLK, Va., April 26, 2017 /PRNewswire/ -- Norfolk Southern
Corporation (NYSE: NSC) today announced that Marta R. Stewart, executive vice president and chief
financial officer of Norfolk Southern Corp., intends to retire effective Aug. 1, 2017.
NS has initiated a comprehensive search to identify the company's next chief financial officer and will consider both internal
and external candidates with the assistance of an executive search firm.
"Marta has made significant contributions to NS over the course of her career, most recently as one of the architects of our
strategic plan," said James A. Squires, Norfolk Southern chairman, president and CEO. "Her
intimate knowledge of the railroad business, engagement with stakeholders inside and outside the company, and relentless focus on
driving shareholder value has positioned NS for continued success. On behalf of the board and management team, I thank Marta for
her service and wish her the best in retirement. We look forward to Marta's continued leadership as we conduct our CFO search and
execute an orderly transition to her successor."
"I am very proud of the company's accomplishments during my tenure and the progress we have made in implementing our strategic
plan," said Stewart. "I will miss working with a great leadership team and talented employees, and am confident NS is on track to
achieve its objectives as it becomes an even stronger, more profitable railroad."
Since joining NS in 1983 as an accountant, Stewart has been instrumental in developing the company's accounting systems and
controls. Prior to Stewart's appointment as executive vice president and chief financial officer in 2013, she assumed roles of
increasing responsibility in finance and served as vice president accounting and controller, and vice president finance and
treasurer. Stewart has been a key strategic advisor to the NS CEO, agent for change throughout the company, and advocate for NS
shareholders.
About Norfolk Southern
Norfolk
Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway
Company subsidiary operates approximately 19,500 route miles in 22 states and the
District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most
extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.
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SOURCE Norfolk Southern Corporation