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Alexa Schwerha
Daily Caller News Foundation
Norfolk Southern CEO Alan Shaw announced Thursday he will fund scholarships for East Palestine, Ohio, students to attend post-secondary education, a Norfolk Southern spokesperson confirmed to the Daily Caller News Foundation.
The scholarship will cover four years at a college or university or a two year vocational school, the spokesperson said. Shaw will use his pre-scheduled stock sale worth $445,000 to pay for the scholarships, 21 WFMJ reported.
A Norfolk Southern train derailed on Feb. 3 and carried toxic chemicals including vinyl chloride, which is known to cause health concerns. Officials authorized a controlled burn that leaked the toxins into the air and water to avoid a potential explosion after nearly 2,000 residents were temporarily evacuated.
Norfolk Southern previously pledged to reimburse East Palestine City School District $300,000 “to support the district’s academics, athletics, extra-curricular activities, and its long-term contingency planning regarding the impacts of the derailment,” according to a Feb.
