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Norfolk Southern board of directors elects Richard Anderson as chair
Prnewswire· 2025-06-12 23:24
Leadership Changes - Norfolk Southern Corporation has appointed Richard H. Anderson as the independent chair of the board, effective immediately [1][2] - Anderson has a strong background, having served as CEO of Delta Air Lines, President of Optum Health, CEO of Northwest Airlines, and President and CEO of Amtrak [1] - Jack Huffard has been appointed as chair of the Compensation and Talent Management Committee [2] Board Composition - The board has agreed to reduce its size to 12 members, with remaining committee chairs continuing in their existing positions [2] - Anderson has been on Norfolk Southern's board since May 2024 and has contributed valuable business insights [3] Company Performance and Strategy - The President and CEO of Norfolk Southern, Mark George, expressed confidence in Anderson's leadership to advance strategic priorities and deliver long-term value [3] - Anderson noted the company's strong performance and commitment to safety and efficiency during his tenure on the board [3] Company Overview - Norfolk Southern operates a 22-state freight transportation network and has been in operation since 1827 [4] - The company helps customers avoid approximately 15 million tons of yearly carbon emissions by utilizing rail transport [4] - Norfolk Southern delivers around 7 million carloads annually and has the most extensive intermodal network in the eastern U.S. [4]
Tenable Announces Intent to Acquire Apex Security to Expand Exposure Management Across the AI Attack Surface
Globenewswire· 2025-05-29 13:00
Core Viewpoint - Tenable Holdings, Inc. intends to acquire Apex Security, Inc. to enhance its capabilities in managing cyber risks associated with the expanding AI attack surface [1][5]. Group 1: Acquisition Details - The acquisition aims to strengthen Tenable's ability to help organizations identify and mitigate cyber risks in an AI-driven environment [1]. - Apex Security, founded in 2023, has gained attention from notable investors and is recognized for its innovative approach to securing AI usage [3]. - The financial terms of the acquisition have not been disclosed, and the deal is expected to close later this quarter [5]. Group 2: Industry Context - The rapid expansion of generative AI tools and autonomous systems is increasing the attack surface, introducing new risks such as shadow AI applications and AI-generated code [2]. - Tenable's existing product, Tenable AI Aware, already assists thousands of organizations in detecting and assessing AI usage, and the addition of Apex's capabilities will enhance governance and policy enforcement [2][3]. - The integration of Apex's offerings into Tenable One is anticipated to deliver comprehensive exposure management solutions in the second half of 2025 [5]. Group 3: Strategic Implications - Tenable's strategy focuses on staying ahead of attack surface expansion by not only managing exposures but also eliminating them proactively [3]. - The acquisition aligns with the industry's trend of treating AI risks as part of broader exposure management rather than in isolation [4]. - The collaboration is expected to provide security teams with the necessary visibility and control to manage AI-generated exposure effectively [3][4].