Norfolk Southern CEO Alan Shaw a no-show at East Palestine town meeting

Residents of East Palestine, Ohio are furious after Norfolk Southern CEO Alan Shaw was a no-show at a town hall meeting, nearly a month since the railroad company’s Feb. 3 derailment and toxic fire.

“Where’s Alan?” some yelled during Thursday night’s town hall meeting, according to The New York Times.

Shaw was largely criticized for skipping an earlier town meeting two weeks after the derailment.

The CEO had met with local officials and some railroad employees last month.

Mother Candice Desanzo, 43, attended the meeting with her two young sons, ages 1 and 2, and demanded to speak with Shaw, The Times reported.

“If I did somebody wrong, I’m going to stand up and I’m going to face my wrongs,” she said. “And I’m just one simple human being — they’re a corporation.”


A woman points at the stage during a town hall held by the US Environmental Protection Agency in East Palestine, Ohio on March 2, 2023.
REUTERS

Norfolk Southern CEO Alan Shaw
Norfolk Southern CEO Alan Shaw didn’t show up to Thursday’s townhall, sparking chants of “Where’s Alan?”
CNN

She blasted the rail company for prioritizing getting the trains back up and running as soon as the evacuation order was lifted instead of helping the residents first.

“Every time I hear a train, it makes me sick now,” she said. “It’s just mind-blowing to me how really ignorant they’ve been to us in every possible way that they could when they should be doing everything that they possibly can to help us.”

At Thursday’s meeting, residents who say they’re suffering from illnesses as a result of the disaster confronted representatives for the rail line and demanded whether they would be relocated from homes they say they are afraid to continue living in.

“It’s not safe here,” said one man while glaring at Norfolk Southern reps. “I’m begging you, by the grace of God, please get our people out of here.”


Darrell Wilson, assistant vice president government relations of Norfolk Southern, speaks at the March 2 town hall in East Palestine, Ohio.
REUTERS

The railroad said it was ready to remove contaminated soil from underneath the tracks, but has not discussed buying peoples’ homes and moving them elsewhere.

While the EPA ordered Norfolk Southern to clean up its own mess and test the area for dioxins, residents seemed unsatisfied with answers they were receiving from the railroad and government officials at all levels.

Many residents are fearful that the dioxins – toxic chemical compounds that can remain in the environment for a long period of time — will have lasting effects on the health of themselves and their children.

“Don’t lie to us,” one resident yelled as an EPA regional administrator reiterated that tests show that the air is safe.


Portions of the Norfolk and Southern freight remained on fire on Saturday, Feb. 4, a day after the derailment.
AP

The contentious meeting comes just a day after leaders of the nation’s largest rail unions  claimed that workers cleaning up the toxic derailment site are getting sick and pushed the Biden administration for additional safety measures.

The presidents of a dozen unions met with administration officials to state their case and express concern — as a new independent study found that the chemicals could pose long-term health risks.

Even as officials and experts insist the air, soil and water in East Palestine are safe, residents have reported experiencing headaches, dizziness, nausea and other negative effects they didn’t have before the crash.


Crews work on the wreckage from the derailment on Feb. 24, 2023, in East Palestine, Ohio.
AP

Nearly 5,000 people were forced to evacuate following the spill and subsequent burning of the toxic chemicals.

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Jim Cramer says Disney CEO ‘absolutely’ must be fired

CNBC’s Jim Cramer called for the firing of Disney CEO Bob Chapek after the Mouse House turned in dismal fourth quarter earnings earlier this week.

“Disney, they have ESPN. If we were on ESPN, we would say he’s got to be fired. That’s pretty cut and dry,” Cramer said on CNBC’s business news program “Squawk Box” Wednesday morning. “The losses here are just mind-boggling. When you’re going over the quarter, it’s stunning.”

Cramer slammed Chapek for his “delusional” characterization of the quarter, in which the streaming service Disney+ took a $1.5 billion loss, causing the media giant to miss Wall Street’s projections.

“Our fourth quarter saw strong subscription growth with the addition of 14.6 million total subscriptions, including 12.1 million Disney+ subscribers,” Chapek said in his statement Tuesday.

Disney CEO Bob Chapek told investors that the company was making progress on its streaming efforts, even as the unit lost $1.5 billion in the quarter.
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“The rapid growth of Disney+ in just three years since launch is a direct result of our strategic decision to invest heavily in creating incredible content and rolling out the service internationally,” Chapek continued, “and we expect our DTC operating losses to narrow going forward and that Disney+ will still achieve profitability in fiscal 2024, assuming we do not see a meaningful shift in the economic climate.”

Comparing Chapek to a pro-sports coach, the “Mad Money” host said Chapek “absolutely” should be fired because the “team” has been “going downhill.”

“There is just no doubt that he has to go,” Cramer said. “The way he handled it, he made it sound like it was a four-star quarter. Delusional.”

Chapek has had a bumpy ride as CEO at Disney, having grabbed the reins at the House of Mouse in 2020 after Bob Iger retired from his 15-year stint at the company. The former chairman of Disney’s lucrative theme parks division expressed how difficult his time as CEO has been during a panel at The Paley Center for Media in New York on Wednesday.

“It was really scary for me,” Chapek said, referring to the first few weeks as CEO, which was marked by the onset of the pandemic and the temporary closure of Disney’s theme parks.

Jim Cramer slammed Chapek for his “delusional” response after the company’s weak earnings results this week.
CNBC

“There’s no playbook on it,” he said, referring to the response to the pandemic. “You don’t know what challenge lays around the corner [as CEO].”

Aside from the pandemic, Chapek’s time as CEO has been marked by some big missteps by the exec, including a PR crisis early this year after Disney initially refused to take a stand against Florida Gov. Ron DeSantis’ discriminatory “Don’t Say Gay” bill. Nonetheless, Disney’s board renewed Chapek’s contract for another three years in June.

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