COVID Stimulus Watch Individual Entry

Recipient Company:
Norfolk Southern Corp
Loan or Loan Guarantee Amount:
$1,047,813

Recipient Details

Ownership Structure: publicly traded (ticker symbol NSC)

Award Details

Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Norfolk Southern
Headquartered in: Virginia
Parent Sector: railroads
Parent Industry: railroads
Employees (prior to pandemic): 24,587

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $3,993,521
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $18,504,846
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 154 to 1
CEO Compensation: $16,636,674
Worker Median Pay: $108,348
Tax icon
Total Federal, State, and Local Subsidies: $18,735,559
Federal Corporate Income Tax Rate: 14.9%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources