Charles Moorman
| Charles W. Moorman IV | |
|---|---|
| President and CEO of Amtrak | |
|
Assumed office September 1, 2016 |
|
| Preceded by | Joseph H. Boardman |
Charles Wickliffe "Wick" Moorman IV (born 1953 in Hattiesburg, Mississippi) is an American businessman and railroader. Moorman is currently the President and CEO of Amtrak. Prior to his hiring by Amtrak, Moorman served as chairman, president and CEO of Norfolk Southern Railway. 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.
Moorman is a 1975 graduate of Georgia Tech and Harvard Business School, he joined Norfolk Southern in 1970 as a Co-Op while still attending Georgia Tech. He was also a member of Tau Kappa Epsilon fraternity.
On December 9, 2010, Railway Age named Moorman the Railroader of the Year recipient for 2011.
In 2011, Moorman revived the popular steam excursion program. On June 1, 2013, Moorman was succeeded as president of Norfolk Southern by James A. Squires.
On August 19, 2016, Amtrak announced that Moorman had been selected to become the railroad's new president and CEO to succeed Joseph H. Boardman on September 1.
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.
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