Tuesday, March 24, 2009

Norfolk Southern: Changing of the guard

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Come April 1, five key executive positions at Norfolk Southern will have new faces, albeit highly experienced ones at the railroad. This changing of the guard is in step with NS's long practice of promoting from within, and choosing executives with a broad range of experience for senior management positions. This tradition has been the cornerstone of NS's management stability.

manion.jpgMark D. Manion (top left), a 34-year veteran of railroad operations, has been named executive vice president and chief operating officer, with headquarters in Norfolk. He succeeds Stephen C. Tobias (middle, left), who retires March 31 as vice chairman and chief operating officer. Manion joined NS in 1975 as a management trainee. He served in a range of operations positions, including trainmaster, superintendent, general manager, vice president mechanical, and senior vice president transportation operations before being named executive vice president operations in 2004. He holds a degree in business management from the University of Missouri.

Steve Tobias joined NS in 1969 as a junior engineer. He served as a terminal trainmaster, superintendent, general manager, vice president transportation, vice president strategic planning, senior vice president operations, and executive vice president operations before being named vice chairman and chief operating officer in 1998. In 2008, Railway Age named Tobias “Railroader of the Year,” calling him “a trueallison.jpg thoroughbred among operating officers.”

sct.jpg“As Norfolk Southern’s chief operating officer, Steve has earned an unparalleled legacy for employee safety and operational efficiency. Our company today is a clear reflection of his vision and constancy,” said CEO Wick Moorman. “Mark and his team are positioned to build on these successes, and I am confident that NS will continue to set new standards for excellence in our industry.”

Marta R. Stewart (lower left) has been named vice president and treasurer, and C.H. “Jake” Allison, Jr. (top right) has been named vice president and controller, also with headquarters in Norfolk. Stewart succeeds William J. Romig (bottom right), who retires March 31 after a 32-year career at NS.

Stewart joined NS in 1983 as assistant manager of accounting systems anromig.jpgd served as manager financial reporting, director corporate accounting, and assistant vice president corporate accounting before being named vice president and controller in 2003. She holds an accounting degree from The stewart.jpgCollege of William & Mary and is a Certified Public Accountant.

Allison joined NS in 1993 as manager audits and served as director internal audit, assistant vice president strategic sourcing, and assistant vice president accounting operations before being named assistant vice president corporate accounting in 2008. He holds an accounting degree from Virginia Tech and is a CPA.

Romig joined NS in 1977 as director operating systems, after specializing in operations research and car utilization at the Association of American Railroads. He served in several transportation and finance positions at NS before being named vice president and treasurer in 1992.