Norfolk Southern names Jim Squires as CEO

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NORFOLK, Va. – Norfolk Southern Corp. has named James A. Squires to succeed Charles W. “Wick” Moorman as CEO. The action by the company’s board of directors is part of its planned succession process and will be effective June 1, 2015.

Squires will continue in his current capacity as president and with all major divisions reporting to him, while Moorman will continue as executive chairman of the board of directors. Moorman and Squires will work closely together to ensure a seamless transition of leadership responsibilities.

“Jim has the right experience and vision to advance Norfolk Southern’s traditions of safety and service,” board member Steven F. Leer says. “NS is well-positioned to continue leading and innovating, and the board of directors is confident in the ability of the entire Thoroughbred team to deliver for our customers, shareholders, and communities.”

“Building on our record results in 2014, we are entering a great new time of performance and possibilities,” Moorman says. “Thanks to the dedication of Norfolk Southern people, the support of our customers and business partners, and the outstanding leadership team in place at Norfolk Southern – led by Jim Squires – I am confident that the company is poised for continued growth, success, and shareholder value creation.”

“Leading NS is an incredible honor,” Squires says. “I join our 30,000 employees in pledging that we will do everything possible to exceed the expectations of our shareholders and the people and businesses who depend on us. We welcome that opportunity, and we will meet that challenge.”

Squires, 53, joined NS in 1992 and served in several law positions before being named vice president of law in 2003, senior vice president of law in 2004, senior vice president of financial planning in 2006, executive vice president of finance in 2007, executive vice president of administration in 2012, and president in 2013.

A native of Hollis, N.H., Squires is a graduate of Amherst College, where he received a bachelor of arts in Ancient Greek in 1983. After graduation, he spent a year as Amherst-Doshisha Fellow at Doshisha University in Kyoto, Japan. He then served in the U.S. Army from 1985 to 1989. In 1992, he received a Juris Doctor degree from the University of Chicago Law School, where he has served as a member of the Visiting Committee.

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