The Fortune 500 company looking to move its corporate headquarters to the Gulch in downtown Atlanta is Norfolk Southern Corp.
The railroad company ranked as No. 284 on the Fortune 500 list, currently is based in Norfolk, Va. It opened its current 21-story headquarters in Norfolk in 1988. The headquarters relocation could bring as many as 1,400 jobs to Atlanta.
GE’s new CEO John Flannery has announced that three top executives will be leaving the company, including longtime Atlantan John Rice, who has served as a vice chairman in charge of the company’s international business efforts.
Rice, who has been with GE for 39 years, decided to retire from the company at the end of the year. He was a leading member of the management team of GE’s former CEO Jeff Immelt, who stepped down on Aug. 1.