Charles W. Moorman is the CEO of Norfolk Southern Corporation, a key player in the transportation sector. He has been with the company since 1999 and became CEO in November 2005. Moorman's career reflects a strong commitment to aligning payment...

Charles W. Moorman is the CEO of Norfolk Southern Corporation, a key player in the transportation sector. He has been with the company since 1999 and became CEO in November 2005. Moorman's career reflects a strong commitment to aligning payment with performance, ensuring that his salary and bonuses depend on how well the company does. In 2022, his total compensation was $2,008,480, which included a base salary of $900,000 and a bonus of $901,276, highlighting a strong performance by the company. He has seen significant fluctuations in his pay; for instance, in 2019, his earnings peaked at over $16 million, primarily due to vested stock from previous years. What’s interesting is that Moorman has always focused on increasing shareholder value during his leadership. His governance style emphasizes a structured approach, a trait made clear by ensuring that there are no familial ties with other senior management, which reflects a merit-based ascent to leadership. In addition to his responsibilities, he has also been a part of significant leadership changes at Norfolk Southern, transitioning from President to CEO and later serving as Chair of the Board. His tenure has proven to be stable and focused on clear strategies to enhance operational efficiency and profitability, making Norfolk Southern a notable name in rail transport.