New York CNN —
Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the company’s chief legal officer,” who was also terminated, the railroad announced Wednesday evening.
A statement from the company on Wednesday said that Shaw had been dismissed “for cause,” which could prevent him from collecting the kind of exit package that CEOs often receive when shown the door.
The company originally disclosed that Shaw was the subject of an investigation on Sunday.
Shaw had been CEO of one of
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