Norfolk Southern Names Jason Zampi Senior Vice President Finance & Treasurer
Rhea-AI Summary
Norfolk Southern (NYSE: NSC) has promoted Jason A. Zampi to Senior Vice President Finance & Treasurer. In this new role, Zampi will maintain responsibility for financial planning and analysis while also taking on treasury and investor relations duties. He will continue to report to Executive Vice President & Chief Financial Officer Mark George.
Zampi, who joined Norfolk Southern in 2011, has played a important role in establishing the company's financial planning and analysis function. His collaboration across the company has supported key business decisions to advance Norfolk Southern's balanced strategy. Prior to this promotion, Zampi served in various leadership roles within the finance and accounting organizations, including vice president and controller.
Positive
- Promotion of experienced internal candidate to senior leadership position
- Consolidation of financial planning, treasury, and investor relations under one executive
- Continuity in financial leadership with Zampi's ongoing reporting to the CFO
Negative
- Departure of current Vice President & Treasurer Chris Ceraso
News Market Reaction – NSC
In the trading session that priced this news, NSC gained 0.32%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
In the new role, Zampi will maintain responsibility for financial planning and analysis. He also will assume responsibility for treasury and investor relations from Chris Ceraso, current Vice President & Treasurer, who is electing to leave the company to pursue another opportunity. Zampi will continue to report to Executive Vice President & Chief Financial Officer Mark George.
In his most recent role as Vice President, Zampi helped establish the financial planning and analysis function for Norfolk Southern. By collaborating across the company to identify productivity initiatives and tactical investments, he has played a pivotal role supporting key business decisions to advance the railroad's balanced strategy.
"Jason's collaboration, business acumen and steadfast focus on outcomes is instrumental in our ability to drive exceptional results across our franchise. This elevated role positions him for even greater impact," said George. "In addition to leading key functions within our finance division, Jason will be key to our continued deep and constructive engagement with the investment community and our shareholders."
Zampi joined Norfolk Southern in 2011 and has served in leadership roles of increasing responsibility within the company's finance and accounting organizations. He was also vice president and controller, and before that, assistant vice president, corporate accounting.
Prior to joining Norfolk Southern, Zampi was a senior manager with KPMG LLP. He is a certified public accountant and holds a Bachelor of Science in Accounting degree from Pennsylvania State University.
About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the
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SOURCE Norfolk Southern Corporation