Nabanita Nag, an Indian-origin lawyer and Chief Legal Officer at Norfolk Southern Corporation in Atlanta, has been terminated from her position following an investigation into allegations of a consensual romantic relationship with CEO Alan Shaw. Shaw was also fired as CEO as a result of the investigation, which centered on the purported inappropriate workplace relationship between the two executives.
Norfolk Southern Corporation has confirmed that its two high-ranking officials have been terminated due to a consensual relationship that violated company policies and code of ethics. Although the relationship was mutually agreed upon, it breached the company’s established guidelines and standards for professional conduct. As a result, both officials have been let go.
“The move comes in connection with preliminary findings from an ongoing investigation that determined Shaw violated company policies by engaging in a consensual relationship with the company’s chief legal officer. Shaw’s departure is unrelated to the company’s performance, financial reporting and results of operations.” Norfolk Southern Corporation announced in a press release:
Nabanita Nag describes herself as a “seasoned leader” on her LinkedIn profile, highlighting her extensive experience working with top-tier companies. Her profile notes that she has worked with three Fortune 300 public companies, including a stint at Goldman Sachs.
Nag’s career milestones include joining Norfolk Southern in 2020 as General Counsel, followed by appointments as Chief Legal Officer in 2022 and Executive Vice President of Corporate Affairs in 2023. Her academic background includes a Bachelor’s degree in Government and English from Georgetown University and a Juris Doctor (JD) from New York University’s School of Law.
Following the recent terminations, Norfolk Southern Corporation has appointed Mark R. George as its new President and CEO. George, who previously served as the company’s Chief Financial Officer, assumes his new role effective immediately.
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