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North America rail turnaround king Hunter Harrison has moved a step closer to taking the top job at CSX.
The carrier’s board called a meeting to discuss his potential appointment as chief executive, along with activist investor fund Mantle Ridge taking a 5% share of the company.
Mantle Ridge has an exclusive contract with Mr Harrison after he resigned as chief executive of Canadian Pacific and has been promoting his appointment to CSX.
CSX has been planning the succession of 39-year company veteran ...
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Comment on this article
john henry
February 20, 2017 at 9:01 pmWhy in the hell would csx absorb the 80 something millions for him leaving. ABSOLUTE RETARDS in the board room. 300 million salary i thought they were trying to improve operating income. PTC and the FRA will have him chasing his tail. I see a strike at csx in the near future. Hopefully some of the xxxxtards there have a spine and a voice. the guy is old washed up and has 1 and a half feet in the grave. i guess he can totally xxxx things up in 3 years and take 10 years to fix them.