Marta R. Stewart will succeed John P. Rathbone as executive vice president and chief financial officer for Norfolk Southern Corp., effective Nov. 1. She will report to NS President James A. Squires.
Rathbone is retiring after a 32-year career in the finance and administrative divisions of the company that began with predecssor Norfolk & Western Railway Co. He was named to his current position in 2012.
“We thank John Rathbone for his leadership, counsel and numerous contributions that have been instrumental in building today’s Norfolk Southern,” said Wick Moorman, CEO of the Class I railroad, in a written statement. ”I am confident that our company’s history of financial excellence will be in good hands with Marta Stewart.”
Stewart joined Norfolk Southern in 1983. She held several finance positions before being named vice president and controller in 2003 and then vice president and treasurer in 2009. Stewart has a bachelor’s degree in accounting from The College of William & Mary and is a Certified Public Accountant.