CSX and Norfolk Southern Appoint New Board Members
CSX Welcomes Ann Begeman
CSX recently announced the appointment of Ann Begeman to its board of directors. Begeman boasts a distinguished career in public service, specializing in transportation policy. Her experience includes:
* Contributing to the ICC Termination Act
* Serving as chair and acting chair of the Surface Transportation Board (STB)
* Consulting on railroad regulatory and government affairs
"Ann's industry expertise will significantly enhance our team," said CSX Chief Executive Joe Hinrichs. "Her commitment to service excellence and business growth aligns perfectly with our transformation goals."
Norfolk Southern Appoints Lori Ryerkerk
Norfolk Southern has appointed Lori Ryerkerk to its board, expanding it to 14 members. Ryerkerk brings over three decades of global leadership experience in energy, manufacturing, and chemicals. Her key strengths include:
* Leading global operations
* Managing complex supply chains
* Fostering high-performance cultures
"Lori's operational acumen and insights will be invaluable," said NS Chief Executive Mark George. "Her experience as a large rail customer will contribute to our focus on operational efficiency and exceptional customer service."
Ancora Holdings Involvement
Ryerkerk's appointment follows a national search and consultation with Ancora Holdings, an activist investor. This collaboration reflects the agreement between Norfolk Southern and Ancora Holdings to identify independent directors.
"Railroads play a crucial role in the economy," said Ryerkerk. "I am excited to join Norfolk Southern's commitment to operational excellence and sustainable growth."