It looks as if Chairman and CEO of Norfolk Southern David R. Goode will be retiring early 2006. President of Norfolk Southern Wick Moorman has been named as CEO effective November 1, 2005. Norfolk Southern also named it’s downtown building in Atlanta the DAVID R. GOODE BUILDING in honor of Mr. Goode. Pictures are on the internet of this building along with pictures of Mr. Goode and Wick Moorman; Mr. Goode and his wife Susan. Norfolk Southern has definetely prospered several times over because of Mr. Goode’s leadership. Norfolk Southern will definetely miss him. I believe though that Norfolk Southern will continue to progress under our new leadership.
Norfolk Southern Names Wick Moorman CEO; Jim Hixon to Lead Law and Corporate Relations
NORFOLK , VA. – Norfolk Southern Corporation (NYSE: NSC) named Charles W. (Wick) Moorman to succeed David R. Goode as chief executive officer, effective Nov. 1.
Moorman, who has served as president since October 2004, will continue in that position. Goode will continue as chairman until his anticipated retirement in early 2006.
The action was taken by Norfolk Southern’s board of directors. “Since his elevation to president a year ago, Wick has honed his leadership skills and is prepared to take on even greater responsibility. I am delighted that the board has endorsed this further management transition,” Goode said.
Norfolk Southern also said that James A. Hixon has been named executive vice president law and corporate relations, effective Oct. 1. Reporting to Hixon will be the law, government relations (formerly public affairs) and corporate communications (formerly public relations) departments.
Norfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates 21,300 route miles in 22 states, the District of Columbia and Ontario , Canada , serving every major container port in the
There you go again. Giving CEO’s a hard time. They really have it rough-getting appointments at the Mercedes dealer for service, finding a realator that can handle 7 figure transactions, getting good help to clean the pool, finding English speaking grounds keepers…
Truth be known he is only paid a small amount compared to other companies that have a similar business volumns. Also I do not hear anybody begrudge themselves for doing well, Do you? PL
…and he’s not doing anything different thanall the other CEO’s of the world. I got tired of being one of the blue collar guys making someone else rich so I went back to college. Now I’m a school teacher. Boy, what a great move THAT was…
Come to think of it, dealing with school administration is a LOT like dealing with a CEO. You work harder, make a lot less money and could probably make better decisions.
The market seems pretty happy to see Goode on his way up and out. NS (NYSE:NSC) shares were up sharply on the day. Guess I should thank him for making my meager few shares more valuable…