Succession plans unfold in succession

摘要

On March 2, Norfolk Southern Corp. announced that it had named Jim Squires chief executive officer. As part of a planned succession process, Squires will succeed Wick Moorman, who'll continue as executive chairman, on June 1. NS was the fourth Class I to unfold its succession plan publicly within a 25-day span. On Feb. 5, Union Pacific Corp.'s board elected Lance Fritz president and CEO; he succeeded Jack Koraleski, who now serves as executive chairman. On Feb. 11, CSX Corp. announced that its board had elected Oscar Munoz as president, noting that Michael Ward would remain chairman and CEO. On Feb. 20, Kansas City Southern named Patrick Ottensmeyer president, effective March 1.