Charles Moorman
 |
Charles W. Moorman IV | |
|---|---|
| President and CEO of Amtrak | |
| Assumed office September 1, 2016 | |
| Preceded by | Joseph H. Boardman |
Charles Wickliffe "Wick" Moorman IV (born 1953 in Hattiesburg, Mississippi) is an American businessman and railroader. Moorman is currently the President and CEO of Amtrak.[1][2] Prior to his hiring by Amtrak, Moorman served as chairman, president and CEO of Norfolk Southern Railway.[3] At Norfolk Southern, he succeeded David R. Goode on February 1, 2006. Moorman served as president from 2004 to 2013 and chief executive officer from 2005 until his initial retirement in 2015.[citation needed]
Moorman has served in a number of leadership positions at Norfolk Southern and it's predecessor railroads including senior vice president corporate planning and services, president of Thoroughbred Technology and Telecommunications, vice president information technology, and vice president personnel and labor relations.
Moorman is a 1975 graduate of Georgia Tech[4] and Harvard Business School, he joined Norfolk Southern in 1970 as a Co-Op while still attending Georgia Tech.[5] He was also a member of Tau Kappa Epsilon fraternity.[6]
On December 9, 2010, Railway Age named Moorman the Railroader of the Year recipient for 2011.[7]
In 2011, Moorman revived the popular steam excursion program. On June 1, 2013, Moorman was succeeded as president of Norfolk Southern by James A. Squires.[8]
On August 19, 2016, Amtrak announced that Moorman had been selected to become the railroad's new president and CEO to succeed Joseph H. Boardman on September 1.[1][2]
Compensation
While CEO of Norfolk Southern in 2008, Moorman earned a total compensation of just over $9 million, which included a base salary of $950,000, a cash bonus of $1,759,400, stocks granted of $6,768,618, and options granted of $2,415,000.[9] Moorman's contract with Amtrak calls for him to be paid $1 per year with incentive pay up to $500,000 per year based on criteria set by the Amtrak Board of Directors. [10]
See also
External Links
Official Amtrak Biography - Charles W. Moorman IV
References
- ^ a b Amtrak (August 19, 2016). "Amtrak Names Industry Veteran Wick Moorman President And Chief Executive Officer". PRNewswire (Press release). Retrieved August 19, 2016.
- ^ a b "Moorman named as Amtrak President". Railway Gazette. August 19, 2016. Retrieved August 19, 2016.
- ^ "May 2008". Principal Officers. Norfolk Southern Corporation. Retrieved 2008-05-18.
- ^ "October 2006". Buzz Words. Georgia Tech Alumni Association. Retrieved 2007-09-06.
- ^ "December 2007". CHARLES W. MOORMAN CHAIRMAN OF UNITED WAY'S 1994 NORFOLK CAMPAIGN. Retrieved 2007-12-22.
- ^ "The Teke Guide" (PDF). Tau Kappa Epsilon Fraternity. March 9, 2010. Retrieved December 14, 2015.
- ^ "Norfolk Southern CEO Wick Moorman named Railway Age Railroader of the Year". Railway Age. December 9, 2010. Retrieved December 13, 2010.
- ^ Norfolk Southern Corporation (May 10, 2013). "Norfolk Southern Names Six to Senior Management Positions" (Press release). Retrieved March 4, 2014.
- ^ 2008 CEO Compensation for Charles W. Moorman, Equilar.com
- ^ Amtrak taps "Wick" Moorman, retired top executive at Norfolk Southern, as its next CEO.
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- Georgia Institute of Technology alumni
- Norfolk Southern Railway people
- Harvard Business School alumni
- 1953 births
- Living people
- American railroaders
- American railroad executives of the 21st century
- Directors of Chevron Corporation
- Amtrak presidents
- American rail transportation biography stubs
- American business biography, 1950s birth stubs