Norfolk, VA - June 1, 2020 - Norfolk Southern Corporation (NYSE: NSC) announced that John Scheib is stepping down as executive vice president and chief strategy officer, effective June 1.
In conjunction with this change, the company also announced several organizational enhancements.
Functions within the Service Optimization and Customer Engagement Division, which include Strategic Planning, Network Planning and Optimization, and Customer Operations, will be integrated into the Finance, Operations, and Marketing divisions, respectively.
"With our strategic plan firmly established and producing results ahead of schedule, now is a good time for me to start a new chapter," Scheib said.
"It's been a privilege to be part of Norfolk Southern's successful transformation, as chief strategy officer and before that as chief legal officer, and work alongside the best employees in the industry."
Norfolk Southern Chairman, President and CEO James A. Squires said, "With John's leadership, our team has driven significant improvements in efficiency and service through our TOP21 operating plan.
"On behalf of our board and management team, I thank John for his many contributions to Norfolk Southern during his 15 years with the company."
The company will integrate the strategy and operations functions previously led by Scheib into the business, creating efficiencies and closer alignment among teams.
"This new structure positions Norfolk Southern for continued success as a faster, smarter, and more resilient company," Squires said.
"We are achieving further cost savings, enhancing collaboration, and increasing operational efficiency, all while maintaining superior customer service."