Norfolk Southern Train Derails Into Lehigh River in Pennsylvania (msn.com)
Afreight train derailed into a river in eastern Pennsylvania Saturday morning, days after it was revealed that the train company’s CEO received a significant pay raise last year.
The derailment followed reports that Norfolk Southern CEO Alan H. Shaw received a 37 percent pay raise last year, the same year as the derailment in East Palestine that forced the evacuation of much of the small town. The CEO received $13.4 million in salary and stock options in 2023, up from $9.8 million in 2022, part of which could be attributable to 2023 being Shaw’s first full year as president. The company’s net income fell 44 percent that year.
