STOCK TITAN

Norfolk Southern awards over 100 scholarships

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Norfolk Southern Corporation's Thoroughbred Scholars program will provide college scholarships to over 100 children of employees. The program offers 100 scholarships of up to $10,000 over four years, as well as three additional scholarships of up to $40,000 for distinguished students. The recipients come from 16 states across the company's network, with 90 scholarships reserved for children of front-line workers. The program aims to support employees and invest in the future of the country.
Positive
  • None.
Negative
  • None.

Thoroughbred Scholars program continues support of railroaders' children

ATLANTA, July 19, 2023 /PRNewswire/ -- More than 100 children of Norfolk Southern Corporation (NYSE: NSC) employees will receive college scholarships through the Thoroughbred Scholars program, which launched in July 2022. Each year, the program provides 100 scholarships for up to $10,000 over four years, along with three additional scholarships for distinguished students who will receive rewards of up to $40,000 over four years.

"Supporting our people means supporting their families, and this scholarship program is one of the ways we're doing that," said Norfolk Southern President and CEO Alan H. Shaw. "It's part of Norfolk Southern's commitment to making decisions in the best long-term interests of our colleagues and the communities we serve. Investing in these bright, young minds now, is an investment in our country's future."

This year's recipients come from 16 states across the company's network, with 90 of the scholarships reserved for children of conductors, mechanics, engineers, and other front-line workers who play a critical role in moving the U.S. economy.

The three distinguished scholarships highlight and include:

  • Community Scholar: Awarded to a student who has distinguished themselves through community leadership and volunteer work. This year's recipient is Lynsee Brown of Avella, Pennsylvania who is planning to study psychology and criminology at Slippery Rock University of Pennsylvania. Brown's father, John Brown, is a Signalman in Pittsburgh who has worked for Norfolk Southern for 27 years.
  • HBCU Scholar: Awarded annually to a student attending a Historically Black College or University (HBCU). This year's recipient is Alana Gulley of Atlanta who is planning to study psychology at Howard University. Gulley's stepfather, Edward Lee, works in Norfolk Southern's Sourcing Department as Supervisor Purchasing out of the company headquarters in Atlanta.
  • STEM Scholar: Awarded to a student pursuing a degree in a nonmedical science, technology, engineering, or mathematics (STEM) field. This year's recipient is Madeleine Bender of Mentor, Ohio who is planning to study biomedical science and biomedical engineering at Case Western Reserve University. Bender's father, Thomas Bender, is an Engineer in Conneaut, Ohio who has worked for Norfolk Southern for 18 years.

The Thoroughbred Scholars program is independently administered by Scholarship America. The organization is the nation's largest manager of scholarship and education support programs for corporations, foundations, associations, and individuals.

This year's class of Thoroughbred Scholars represent the following states:

Alabama: 10

Indiana: 8

New York: 1

South Carolina: 5

Florida: 1

Kentucky: 2

North Carolina: 3

Tennessee: 4

Georgia: 24

Michigan: 4

Ohio: 12

Virginia: 7

Illinois: 6

Missouri: 4

Pennsylvania: 10

West Virginia: 2

About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-awards-over-100-scholarships-301880646.html

SOURCE Norfolk Southern Corporation

FAQ

What is the Thoroughbred Scholars program?

The Thoroughbred Scholars program is a scholarship program offered by Norfolk Southern Corporation to provide financial support to the children of its employees.

How many scholarships are offered by the Thoroughbred Scholars program?

The program offers 100 scholarships of up to $10,000 over four years, as well as three additional scholarships of up to $40,000 for distinguished students.

Who is eligible for the Thoroughbred Scholars program?

The program is open to children of Norfolk Southern Corporation employees.

What is the purpose of the Thoroughbred Scholars program?

The program aims to support employees and invest in the future by providing college scholarships to their children.

How many states are represented by this year's recipients?

This year's recipients come from 16 states across the company's network.

Norfolk Southern Corporation

NYSE:NSC

NSC Rankings

NSC Latest News

NSC Stock Data

52.29B
225.36M
0.06%
78.14%
0.74%
Line-Haul Railroads
Transportation and Warehousing
Link
United States of America
ATLANTA

About NSC

norfolk southern corporation (nyse: nsc) is one of the nation’s premier transportation companies. its norfolk southern railway company subsidiary operates approximately 19,500 route miles in 22 states and the district of columbia, serves every major container port in the eastern united states, and provides efficient connections to other rail carriers. norfolk southern operates the most extensive intermodal network in the east and is a major transporter of coal, automotive, and industrial products.