NORFOLK, Va., Sept. 23, 2019 /PRNewswire/ -- Claude Mongeau has been elected a director of
Norfolk Southern Corporation (NYSE: NSC) effective Sept. 23, Chairman, President and CEO
James A. Squires announced
today.
Mongeau, 57, is former president and chief executive officer of
Canadian National Railway Company, holding those positions from
2010 to 2016. He has been appointed to the Compensation Committee
and the Finance and Risk Management Committee of the Norfolk
Southern board and will serve as an independent director.
Mongeau brings extensive freight transportation industry
experience to Norfolk Southern's board. As Canadian National's CEO,
he successfully executed a customer-centric version of precision
scheduled railroading. Under his leadership, CN enhanced operating
efficiencies while improving service through engagement,
communication, and collaboration with customers. During a 22-year
career at CN, Mongeau also served as executive vice president and
chief financial officer; vice president strategic and financial
planning; and assistant vice president corporate development.
"We are excited and pleased to welcome Claude to the Norfolk
Southern board," Squires said. "Claude's deep knowledge and
understanding of precision scheduled railroading will be invaluable
as we continue to implement our PSR-based strategic plan to drive
efficiencies, service, growth, and shareholder value. Claude brings
hands-on experience in aligning PSR with a customer focus that
promotes end-to-end supply chain performance and growth."
Prior to joining CN, Mongeau was a partner with Groupe Secor, a
Montreal-based management
consulting firm that provided strategic advice to large Canadian
firms. He began his career in Paris as a consultant for the American firm
Bain & Company. Mongeau holds a Bachelor of Arts in psychology
from the University of Quebec and
an MBA from McGill University.
Mongeau serves as a corporate director on the boards of Cenovus
Energy Inc. and the Toronto-Dominion Bank.
About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's
premier transportation companies. Its Norfolk Southern Railway
Company subsidiary operates approximately 19,500 route miles in 22
states and the District of
Columbia, serves every major container port in the eastern
United States, and provides
efficient connections to other rail carriers. Norfolk Southern is a
major transporter of industrial products, including chemicals,
agriculture, and metals and construction materials. In addition,
the railroad operates the most extensive intermodal network in the
East and is a principal carrier of coal, automobiles, and
automotive parts.
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SOURCE Norfolk Southern Corporation