00:00It's Benzinga, and here's what's on the block.
00:02Norfolk Southern's board is investigating CEO Alan Shaw for allegations of an inappropriate
00:07workplace relationship.
00:09Outside legal counsel has been hired to assist in the probe, and it remains unclear if any
00:13misconduct will be uncovered.
00:15Norfolk Southern is one of a few Class 1 railroads that transports large amounts of commodities
00:19crucial to the nation's economy.
00:21Norfolk Southern's board has seen significant changes in recent months.
00:25An activist investor attempted to remove Shaw due to his handling of the East Palestine
00:28derailment, poor stock performance, and a perceived flawed operating strategy.
00:32For all things money, visit Benzinga.com.
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