Summary
Norfolk Southern Corporation (NSC) filed an 8-K on January 23, 2018, primarily to announce a key executive transition within its legal department. William A. Galanko, Executive Vice President Law and Administration and Chief Legal Officer, announced his retirement, effective March 1, 2018. This marks the end of a significant tenure for Mr. Galanko, and the company is implementing a succession plan to ensure continuity in this critical role. Following Mr. Galanko's impending retirement, the Board of Directors has elected John M. Scheib to assume the positions of Executive Vice President Law and Administration and Chief Legal Officer, also effective March 1, 2018. Mr. Scheib has a solid history with NSC, having joined in 2005 and steadily progressing through the Law Department, most recently holding the title of Vice President Law since 2016. His expanded responsibilities, including government relations and corporate communications since 2017, position him well for this elevated role. The company has also attached the press release announcing these changes as an exhibit.
Key Highlights
- 1William A. Galanko, EVP Law and Administration and Chief Legal Officer, to retire effective March 1, 2018.
- 2John M. Scheib elected as the new EVP Law and Administration and Chief Legal Officer, effective March 1, 2018.
- 3Mr. Scheib has been with Norfolk Southern since 2005, with increasing responsibilities.
- 4Mr. Scheib's prior roles include Vice President Law (since 2016) and oversight of government relations and corporate communications (since 2017).
- 5This filing primarily serves to announce executive leadership changes.
- 6A press release detailing these executive changes is included as an exhibit.