WCBC

December 16th, 2017 by WCBC Radio

JACKSONVILLE, Fla., Dec. 16, 2017 (GLOBE NEWSWIRE) – CSX Corporation (Nasdaq:CSX), today issued the following statement: “It is with great sadness that we announce that  E. Hunter Harrison, President and Chief Executive Officer of CSX, died today in Wellington, Fla., due to unexpectedly severe complications from a recent illness. The entire CSX family mourns this loss. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to Hunter’s family. Hunter was a larger-than-life figure who brought his remarkable passion, experience and energy in railroading to CSX.”

Edward J. Kelly III, Chairman of the CSX Board of Directors, issued the following statement on behalf of the Board of Directors: “With the passing of  Hunter Harrison, CSX has suffered a major loss. Notwithstanding that loss, the Board is confident that  Jim Foote, as acting Chief Executive Officer, and the rest of the CSX team will capitalize on the changes that Hunter has made. The Board will continue to consider in a deliberative way how best to maximize CSX’s performance over the long term.”