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Mongeau Resigns as NS Board Chair

Claude Mongeau (Image Courtesy of Cenovus Energy)
Norfolk Southern (NS) on June 3 announced that Chairman Claude Mongeau has resigned from the Board of Directors this week for “personal reasons.” A new Chair will be elected at the Board’s next scheduled meeting later this month.

“We are deeply grateful for Claude’s leadership over the past six years,” said NS President and CEO Mark R. George. “He has put outsized time and effort into his service as the company navigated several challenges, ultimately stepping up as chair last year to successfully integrate our new board. He leaves Norfolk Southern a much stronger railroad than it was when he joined us.”

Mongeau has served as an Independent Director on the NS Board of Directors since September 2019 and was elected Chair in May 2024. He served as President and CEO of CN from January 2010 to June 2016 and as a Director of CN from October 2009 to June 2016. During his 22-year career at CN, he also served as Executive Vice President and Chief Financial Officer and Vice President Strategic and Financial Planning. Mongeau currently serves as a Director of Cenovus Energy.

“I am proud of the way the current board has come together to work collaboratively and constructively alongside the management team,” Mongeau said. “It has been an honor to serve with them. I have every confidence the company is back on the right trajectory and has what it needs for continued success.”