About
Mark R. George is President and Chief Executive Officer of Norfolk Southern, a role he assumed on September 11, 2024 after serving as Executive Vice President and Chief Financial Officer from 2019 to 2024. He has more than 35 years of experience in financial management, strategy, and business development, including a long career in senior CFO roles across United Technologies Corporation businesses. He is a director of Trane Technologies and serves on Norfolk Southern's Executive Committee.
Roles
Norfolk Southern Corp.
President and Chief Executive Officer; Director · Current role
2024–present
Norfolk Southern Corporation
Executive Vice President and Chief Financial Officer
—
United Technologies Corporation
Chief Financial Officer roles across Carrier, Otis Elevator, and UTC business units
—
Norfolk Southern Corporation
Chief Financial Officer
—
External Roles
Trane Technologies PLC
Director
—
Fixed Compensation
FY 2025Salary
$1,100,000
ComponentAnnual base salary
Change in pension value & NQDC earnings
$511,140
ComponentChange in pension value and nonqualified deferred compensation earnings
All other compensation
$201,292
ComponentPerquisites and company contributions to defined contribution / savings plans
Total compensation
$16,245,050
Performance Compensation
Data from FY 2025Cash incentive
Annual cash incentive (EMIP)
$2,932,875
FormNon-Equity Incentive Plan Compensation (Executive Management Incentive Plan)
Target Opportunity
—
Annual incentive opportunity225% of base salary
Committee target payout67% for 2025
Stock awards
Stock awards
$9,199,733
FormPerformance share units (PSUs) and restricted share units (RSUs)
PSU vestingThree-year performance cycle ending December 31, 2027
RSU vestingVest ratably over three years
Option awards
$2,300,010
FormNonqualified stock options granted January 30, 2025
VestingVest and become exercisable on the third anniversary of the grant date
Also at Norfolk Southern Corp.
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