The name Nabanita Nag has recently been trending in the corporate world for an unfortunate reason.
Nabanita Nag, the Chief Legal Officer at Norfolk Southern Corporation in Atlanta, was dismissed from her position following an investigation into allegations of a consensual relationship with her boss, Alan Shaw, who was also removed from his role as CEO.
Key Takeaways
- Nabanita Nag, the Chief Legal Officer at Norfolk Southern Corporation in Atlanta, was recently dismissed from her position for having a consensual relationship with her boss Alan Shaw.
- From an obituary of the late Bimal Kumar Chatterjee, it is found that Neil Nag is Nabanita’s husband.
- Neil is a Managing Director and Senior Institutional Portfolio Manager at Bank of America Private Bank and also a venture partner with Moment Ventures.
Business trips are usually enjoyable, but Shaw and Nag’s trips seemed to be more fun than the norm.
On multiple business trips, employees noted that Shaw and Nag stayed at a different hotel than their colleagues.
Upon arriving in new cities, Shaw and Nag would frequently travel together in a separate car while other Norfolk employees took a passenger van.
These actions did not go unnoticed by Norfolk’s board, which soon launched an investigation.
The inquiry concluded that both Shaw and Nag had violated company policies by engaging in a romantic relationship.
However, Both Shaw and Nag declined to comment.
The Relationship Between Nag And Shaw Wasn’t New
According to employees, Shaw began spending more time with Nag following the East Palestine accident and during this year’s proxy fight.
They traveled together to various cities, meeting with shareholders, trade association representatives, and board directors to rally support for Shaw.
Shaw also lends huge support to the promotion of Nag during her reign in Norfolk.
Nag joined Norfolk in 2020, and within two years, Shaw promoted her to Chief Legal Officer in 2022.
While the news about their dismissal due to the affair has been spread like wildfire, People are curious to know more about Nag, who was constantly favored by her CEO.
Personal Life Of Nabanita Nag And Her Husband, Neil
Though Nag has made several public appearances, they have always been related to her work, career, and professional achievements.
Her social media profiles offer little insight into her personal life.
However, the “About” section of her Facebook reveals that she is married, and both her profile and cover photos feature her two daughters.
An obituary for the late Bimal Kumar Chatterjee identifies Nabanita Nag as his daughter, and from the same source, it is discovered that her husband is Neil Nag.
These details can be further backed up through Spokeo, which also relates all these names.
Neil Nag is a Managing Director and Senior Institutional Portfolio Manager at Bank of America Private Bank.
He is also a venture partner with Moment Ventures, an early-stage venture capital firm with offices in Palo Alto.
Neil was previously the Chief Investment Officer at Children’s Healthcare of Atlanta and held impactful leadership roles in investment teams at the YMCA Retirement Fund and Memorial Sloan Kettering.
He has dual undergraduate degrees in Engineering and Economics from the University of Pennsylvania and an MBA from The Wharton School.
Moment Ventures describes him as a proud husband and father, but the current situation will likely affect this portrayal of him.
In Case You Didn’t Know
- Nabanita Nag’s Father, Late Bimal Kumar Chatterjee, passed away on July 31, 2017, at the age of 81.
- Nabanita and Neil have 2 daughters: Nilaya and Nayana Nag.
