Amtrak has tapped Charles “Wick” Moorman to serve as its chief executive officer, The Wall Street Journal reported Friday.
Moorman was previously chairman and CEO of Norfolk Southern Corp. He will start Sept. 1 with a salary of $1 per year and an annual bonus of $500,000 tied to performance goals, according to the report.
Amtrak Chairman Anthony Coscia told the Journal he hopes Moorman’s experience will help improve the passenger rail service’s sometimes contentious relationship with freight carriers.
Read the complete article at http://thehill.com/policy/transportation/291990-amtrak-hires-freight-railroad-veteran-as-ceo