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Elkins hired out as a brakeman with NS in 1988 and served as a conductor, locomotive engineer, and yardmaster before moving into marketing. He holds a degree in aerospace engineering and an MBA from Virginia Tech, is a graduate of the General Management Program at Harvard Business School, and also is a chartered financial analyst.Д«efore joining NS, Shaw was a nuclear project engineer for aircraft carriers at Newport News Shipbuilding.Д®d Elkins, vice president of industrial products, replaces Shaw as executive vice president and chief marketing officer. He served as group vice president coal marketing, group vice president chemicals, and vice president intermodal operations before becoming chief marketing officer in May 2015. NS executives have said that restoring service to normal levels is their highest priority. NS last month came under increased scrutiny from the STB as service has suffered and customer complaints have risen. Shaw, 54, inherits a railroad mired in an operational slump related to crew shortages.

вЂњI look forward to working with Jim, our board of directors, and the entire team at Norfolk Southern to provide superior service to our customers, create compelling value for shareholders, and build on the momentum of our improving operating ratio,вЂќ Shaw said. Among them: the Thoroughbred Freight Transfer less-than-carload express service launched this year that won praise from Surface Transportation Board Chairman Martin J. NS credits Shaw with building the largest intermodal network in the East, tying the railroad more closely to consumers, and for innovations in customer technology, sustainability, and new services.

At the same time, he has an unparalleled understanding of our customers and the markets we serve, as well as the vision to grow shareholder value in our competitive, rapidly evolving industry.вЂќ New Norfolk Southern CEO Alan Shaw. вЂњHeвЂ™s a veteran railroader who understands operations and will drive continued improvement in service and efficiency. вЂњAlan has a unique combination of skills and experience that prepare him to lead the company,вЂќ Squires said. NS said that Squires and Shaw will continue to work closely together over the next five months to complete a smooth transition. During his tenure he has increased shareholder value by more than $30 billion, implemented precision scheduled railroading, led the company through a freight recession and global pandemic, and brought company leadership together in a new, state-of-the-art Atlanta headquarters.вЂќ вЂњThanks to JimвЂ™s leadership, Norfolk Southern has a strong foundation for continued success. Leer, Norfolk SouthernвЂ™s lead independent director, said in a statement. вЂњJim is retiring at the top of his game,вЂќ Steven F. The NS management team now reports to Shaw, who has been with the railroad for 27 years and has served in finance, marketing, and operations positions.

Shaw, the railroadвЂ™s chief marketing officer, was promoted to president effective today.

(Norfolk Southern)ДЄTLANTA вЂ“ Norfolk Southern today named Alan Shaw as its chief executive officer, effective May 1, when current CEO Jim Squires will retire. Alan Shaw (left) will succeed James Squires as Norfolk Southern CEO in May 2022.

Norfolk southern train in pennsylvania alamy stock photo