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Norfolk Southern announces financial personnel moves

Rail News Home Norfolk Southern Railway 5/19/2020 Rail News: Norfolk Southern Railway
image The personnel moves were made as part of the company's strategic plan to improve performance.Photo – nscorp.com

Norfolk Southern Corp. today announced organizational changes in its finance division as part of the company's strategic plan to improve performance and push toward a 60 percent operating ratio.

Jason Zampi, currently vice president and controller, will become VP of financial planning and analysis, a new department in the finance division. Zampi has worked for NS for nine years, serving in leadership roles in finance, treasury and accounting.

"This financial planning and analysis team will strengthen our capabilities for rigorous analysis, robust metrics and systematic competitive benchmarking," said NS Chief Financial Officer Mark George in a press release. "It will be an important contributor to our continuing effort to manage our assets well and control our costs."

Meanwhile, Clyde "Jake" Allison Jr. will become VP and controller, with responsibility for all accounting functions. He currently serves as VP and treasurer. Allison has worked for NS for 26 years, with roles of increasing responsibility in audit and compliance, material management, accounting and treasury.

Also, Chris Neikirk will become VP of treasury and investor relations. Neikirk currently is assistant VP of finance, cost and treasury. He has been with NS for 26 years, advancing through roles in marketing, energy and properties, finance, treasury and the chairman's office. Pete Sharbel, current director of investor relations, will report to Neikirk in this new role.

"Norfolk Southern is fortunate to have talented, experienced leaders like Jason, Jake and Chris to help lead our company during this critical time of transformation," said George.

Zampi, Allison and Neikirk will report to George. The changes take effect June 1.

 

 

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