Charles Wickliffe "Wick" Moorman IV (born 1952) is an American businessman and railroader. Moorman is currently a consultant with

Amtrak The National Railroad Passenger Corporation, Trade name, doing business as Amtrak () , is the national Passenger train, passenger railroad company of the United States. It operates inter-city rail service in 46 of the 48 contiguous United Stat ...

, where he formerly served as president and CEO as well as co-CEO. Prior to his hiring by Amtrak, Moorman served as chairman, president and CEO of

Norfolk Southern Railway The Norfolk Southern Railway is a Class I freight railroad in the United States formed in 1982 with the merger of Norfolk and Western Railway and Southern Railway. With headquarters in Atlanta, the company operates 19,420 route miles (31 ...

. 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. Moorman has served in a number of leadership positions at Norfolk Southern and its 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.

Career

Moorman is a 1975 graduate of

Georgia Tech The Georgia Institute of Technology, commonly referred to as Georgia Tech or, in the state of Georgia, as Tech or The Institute, is a public research university and institute of technology in Atlanta, Georgia. Established in 1885, it is part of ...

and

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

, he joined Norfolk Southern predecessor, Southern Railway, in 1970 as a Co-Op while still attending Georgia Tech. He was also a member of

Tau Kappa Epsilon Tau Kappa Epsilon (), commonly known as or Teke, is a social college fraternity founded on January 10, 1899, at Illinois Wesleyan University. The organization has chapters throughout the United States and Canada, making the Fraternity an internat ...

fraternity. On December 9, 2010, ''Railway Age'' named Moorman the

Railroader of the Year Railroader of the Year is an annual award presented to a North American railroad industry worker by trade journal ''Railway Age''. The award was first presented in 1964 by trade journal ''Modern Railroads'' and has continued through the magazine ac ...

recipient for 2011. In 2011, Moorman was involved in the launch of the

21st Century Steam The 21st Century Steam program was conducted by the Norfolk Southern Railway from 2011 to 2015, featuring four classic steam locomotives pulling passenger excursions along Norfolk Southern rails in the eastern United States. The last train was to be ...

, a revival of Norfolk Southern's popular steam excursion program which had been ended in 1994. On June 1, 2013, Moorman was succeeded as president of Norfolk Southern by James A. Squires. On August 19, 2016,

announced that Moorman had been selected to become the railroad's new president and CEO to succeed

Joseph H. Boardman Joseph Houston Boardman (December 23, 1948March 7, 2019) was an American transportation executive who served as President and CEO of Amtrak from 2008 to 2016. Boardman was the longest-serving Commissioner of the New York State Department of Trans ...

on September 1. Moorman, who had stated that he only intended to serve as a "transitional CEO", served as CEO for less than one year before former

Delta Air Lines Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. One of the List of airlines by foundation date, world's oldest airlines in operation, Delta is headquartered in Atla ...

executive

Richard Anderson Richard Norman Anderson (August 8, 1926 – August 31, 2017) was an American film and television actor. Among his best-known roles was his portrayal of Oscar Goldman, the boss of Steve Austin (Lee Majors) and Jaime Sommers (Lindsay Wagner) in b ...

was named president and co-CEO in June 2017. Moorman remained with Amtrak as co-CEO with Anderson until the end of 2017 before transitioning into an advisory role in 2018. On February 8, 2020, it was announced that the East Broad Top Foundation had acquired most of the railroad assets of the

East Broad Top Railroad and Coal Company The East Broad Top Railroad (EBT) is a narrow gauge historic and heritage railroad headquartered in Rockhill Furnace, Pennsylvania. Operating from 1871 to 1956, it is one of the nation's oldest and best-preserved narrow-gauge railroads, ...

. It was announced that Moorman was the president of the foundation.

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. 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.

Honors

Moorman was elected a member of the

National Academy of Engineering The National Academy of Engineering (NAE) is an American nonprofit, non-governmental organization. The National Academy of Engineering is part of the National Academies of Sciences, Engineering, and Medicine, along with the National Academy ...

in 2016 for leadership in the development of computerized freight railroad tracking system in North America.

References

External links

Official Amtrak Biography – Charles W. Moorman IV
{{DEFAULTSORT:Moorman, Charles Georgia Tech alumni Norfolk Southern Railway people Harvard Business School alumni 1953 births Living people American railroaders 21st-century American railroad executives Directors of Chevron Corporation Amtrak presidents 20th-century American businesspeople

Career

Compensation

Honors

See also

References

External links