NSC

Norfolk Southern Corp

Company with tickers: NSC

CIK

702165

CUSIP

655844108

Shares Outstanding

224,594,001

Website

https://www.norfolksouthern.com

13F Activity (30d)

73 filings 49 filers

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark George	CEO	$1,100,000	$0	$9,199,733	$2,300,010	$2,932,875	$201,292	$16,245,050
Claude E. Elkins	—	$675,000	$0	$2,399,989	$599,957	$1,199,813	$31,246	$6,915,992
John F. Orr	COO	$750,000	$0	$2,479,959	$619,956	$1,333,125	$58,430	$5,604,601
Jason Zampi	CFO	$650,000	$0	$2,080,072	$519,963	$1,155,375	$12,250	$4,865,704
Anil Bhatt	—	$650,000	$0	$1,980,091	$494,986	$1,155,375	$13,092	$4,382,284

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Alan H. Shaw	CEO	$860,962	$0	$7,499,098	$2,500,214	$0	$74,659	$11,924,071
John F. Orr	COO	$587,500	$825,000	$8,024,174	$675,353	$1,040,625	$111,304	$11,385,816
Mark George	CEO	$826,042	$0	$4,022,885	$2,674,327	$1,372,325	$90,081	$8,985,660
Anil Bhatt	—	$241,288	$950,000	$3,174,150	$225,008	$334,787	$45,819	$4,986,100
Paul Duncan	COO	$216,346	$0	$1,799,582	$599,765	$0	$1,711,598	$4,327,291
Claude E. Elkins	—	$600,000	$0	$1,500,242	$500,202	$749,250	$36,472	$3,761,802
Jason Zampi	CFO	$417,447	$0	$800,030	$153,164	$518,201	$12,075	$1,950,933

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Alan H. Shaw	CEO	$1,100,000	$0	$7,500,059	$2,500,272	$0	$147,067	$13,418,978
Claude E. Elkins	—	$600,000	$0	$1,501,230	$499,744	$0	$74,217	$3,959,635
Mark George	CEO	$675,000	$0	$1,801,018	$599,848	$0	$106,792	$3,366,246
Paul Duncan	COO	$625,000	$0	$1,801,018	$599,848	$0	$61,369	$3,169,555

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Alan H. Shaw	CEO	$900,000	$0	$5,540,524	$2,228,262	$901,276	$200,848	$9,770,910
Mark George	CEO	$675,000	$0	$2,041,089	$1,360,099	$450,021	$122,806	$4,902,491
Claude E. Elkins	—	$600,000	$0	$1,355,255	$989,152	$400,019	$305,334	$3,750,740

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Squires	CEO	$1,100,000	—	$7,338,120	$1,295,418	$3,465,000	$62,740	$14,016,942
Alan H. Shaw	—	$616,667	—	$1,448,348	$255,584	$1,179,500	$277,702	$4,362,801
Cynthia Sanborn	COO	$600,000	—	$1,823,048	$321,824	$1,134,000	$10,881	$4,061,989
Ann A. Adams	—	$600,000	—	$1,448,348	$255,584	$1,134,000	$32,524	$4,039,148
MarkR. George	CFO	$600,000	—	$1,635,698	$288,704	$1,134,000	$32,360	$3,774,978

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Squires	CEO	$1,100,000	$272,250	$6,672,645	$1,177,278	$507,375	$64,823	$14,125,279
John M. Scheib	—	$252,273	$0	$1,394,242	$155,015	$0	$2,675,504	$5,285,197
Michael J. Wheeler	COO	$450,000	$66,825	$1,755,080	$194,816	$124,538	$76,108	$5,262,835
Alan H. Shaw	—	$600,000	$89,100	$1,394,242	$155,015	$166,050	$18,266	$4,341,785
Ann A. Adams	—	$600,000	$89,100	$1,394,242	$155,015	$166,050	$9,975	$3,342,198
Cynthia Sanborn	COO	$200,000	$529,700	$2,000,660	$0	$55,350	$87,670	$2,889,628
Mark George	CFO	$600,000	$89,100	$1,575,728	$174,916	$166,050	$33,167	$2,737,397
MarkR. George	CFO	$600,000	$89,100	$1,575,728	$174,916	$166,050	$33,167	$2,737,397

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Squires	CEO	$1,100,000	$0	$6,671,681	$1,177,650	$1,200,375	$302,816	$16,636,674
Cynthia C. Earhart	CFO	$500,000	$0	$1,574,219	$175,142	$327,375	$88,242	$6,208,629
Michael J. Wheeler	COO	$600,000	$0	$1,756,114	$195,212	$392,850	$185,015	$6,098,627
Alan H. Shaw	—	$600,000	$0	$1,395,560	$155,074	$392,850	$18,694	$4,744,678
John M. Scheib	—	$600,000	$0	$1,395,560	$155,074	$392,850	$9,800	$3,360,071
Mark George	CFO	$100,000	$400,000	$900,298	$100,170	$65,475	$8,222	$1,584,461
MarkR. George	CFO	$100,000	$400,000	$900,298	$100,170	$65,475	$8,222	$1,584,461

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Squires	CEO	$1,100,000	$0	$6,162,974	$1,087,536	$2,833,875	$129,984	$14,271,985
Michael J. Wheeler	COO	$600,000	$0	$1,665,345	$185,148	$927,450	$19,527	$4,856,166
Cynthia C. Earhart	CFO	$600,000	$0	$1,484,432	$165,132	$927,450	$20,390	$4,507,528
Alan H. Shaw	—	$600,000	$0	$1,304,995	$145,116	$927,450	$19,114	$3,926,183
John M. Scheib	—	$475,000	$0	$1,125,559	$125,100	$724,212	$7,517	$2,658,252

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Squires	CEO	$1,000,000	$0	$4,225,099	$2,275,119	$2,603,250	$122,961	$11,937,137
Michael J. Wheeler	COO	$600,000	$0	$1,056,432	$568,591	$937,170	$22,036	$4,132,676
Cynthia C. Earhart	CFO	$600,000	$0	$746,753	$402,579	$937,170	$22,103	$3,742,525
Alan H. Shaw	—	$600,000	$0	$926,630	$498,791	$937,170	$17,461	$3,669,524

Executive changes

Person	Role	Change	Effective	Filed
Brian Barr	Chief Operating Officer	Appointed	2026-06-01	2026-06-01
John Orr	Executive Vice President & Chief Operating Officer	Resigned	2026-05-31	2026-06-01