Norfolk Southern President and CEO Alan Shaw apologized for East Palestine, Ohio, train derailment in front of Congress on Thursday.
“I want to begin today by expressing how deeply sorry I am for the impact this derailment has had on the residents of East Palestine and the surrounding communities,” Shaw told the U.S. Senate Committee on Environment and Public Works. “I am determined to make this right,” Shaw continued. “Norfolk Southern will clean the site safely, thoroughly, and with urgency. You have my personal commitment. Norfolk Southern will get the job done and help East Palestine thrive at the direction of and in collaboration with the U.S., EPA, state, and local agencies.”
Alan Shaw salary
As the President of Norfolk Southern, the total compensation of Shaw at Norfolk Southern is $873,416.
Alan Shaw net worth
The estimated net worth of Alan H. Shaw is at least $10.8 Million dollars as of 1 March 2023. He owns over 2,000 units of Norfolk Southern stock worth over $7,484,727. Over the last 7 years, he sold NSC stock worth over $2,464,000.
Alan Shaw wife and children
Shaw is married to Tiffany Tilley Shaw and they live in Atlanta, Georgia, with their four children. The couple has two sons named Grant Shaw and Wyatt Shaw and two daughters named Allison Shaw and Meredith Shaw.
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Alan Shaw career
From April 1994 to 2013, he first served as the Group Vice President –Chemicals at Norfolk Southern Corporation. In May of last year, he was appointed the President and CEO of Norfolk Southern Corporation. He previously was the Vice President – Intermodal Operations at the company from October 2013 to May 2015.
After that, Alan started serving as an Executive Vice President and Chief Marketing Officer at Norfolk in 2015. He then started his tenure as the President of the company in December 2021.
