Activist Investor Ancora on its case for a new CEO, board at Norfolk Southern

Morgan Brennan sits down with James Chadwick, Ancora Alternatives president, and Jim Barber, former UPS COO--Ancora's pick to become Norfolk Southern's next CEO--to talk the proxy fight, the aftermath of the 2022 East Palestine derailment and their calls for change at Norfolk Southern.

[@TK-ec5bv]

Jim Chadwick is wrong about "sweating the assets" being the proper way to run a railroad. Stripping a company down to nothing is not a game plan for the future. Ancora just wants to line their pockets with money from this deal, and then they'll be long gone in a few years.

[@paulgilliland2992]

Trust me I can do it . What a answer for the activist ceo.

[@streamfisher7472]

The only profits they would make is selling everything that’s not bolted to the ground.

[@TK-ec5bv]

Jamie Boychuk is no good. His only activity is to get rid of as many assets as possible, and he's not a seasoned railroader who really understands the business. Jim Barber....ran a company with truck drivers....completely different skill set than running a railroad. These guys are no good. Alan Shaw should stay in his position. He's the right person for the job.

[@shopgal77]

What a joke! Does anyone actually believe them?

[@nicholasjohnson1295]

Not the same as ups at all, how can training a railroad employee which takes 1 to 4 years vs a ups seasonal worker who has to pick up a box? The skill set and knowledge is different

[@patstedmanspolishpassport9264]

😂 No layoffs in 18 months. Who's actually going to hold them to that, you think CNBC is going to do it?

[@seanm252]

YALL DUDES IN THE WRONG BUISNESS.TAKE BOYCHUCK AND YALL GO TRY AND TEAR DOWN ANOTHER COMPANY.

[@cschad1225]

These 2 guys are company destroyers. Their interested in lining their pockets and jumping ship. PSR is a killer of railroads. Seen it

[@commiessuckfjb6897]

A railroad and UPS are barely comparable. These Ancora windbags and their nominees are jokes.

[@marioluna3734]

Ancora just cares about making more money

[@jonhart-dj7fn]

CNBC host worse thug's in USA history 😅

[@maverich8]

Explain?