Norfolk Southern CEO received 37% raise following derailment
It’s truly mind-boggling to see the CEO of Norfolk Southern receive a 37% raise following a catastrophic derailment that caused significant harm to a local community. This blatant display of rewarding failure is a testament to the brokenness of our current system. While hard-working individuals struggle to make ends meet and receive meager raises that barely keep up with inflation, CEOs like this receive exorbitant compensation for their inability to perform their duties effectively.
The fact that Shaw’s total compensation increased to $13.4 million in 2023, up from $9.8 million in 2022, is not only unjust but also reflects a disturbing trend in corporate America.… Continue reading
John Q. Hosedrinker