ISS endorses most of Ancora nominees for Norfolk Southern board
NSCNorfolk Southern(NSC) CNBC·2024-04-30 21:48

Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven board nominees, withholding an endorsement from CEO pick Jim Barber but describing him as a "credible director and CEO candidate nonetheless." ISS' endorsement comes one day after Glass Lewis endorsed most of activist investor's slate of nominees and days after two unions came out in support of Ancora's proposed management team. The proxy advisor recommended shareholders supp ...