What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to disclose that a current director, Robert L. Burrus, Jr., has requested not to be nominated for service on key board committees (Audit, Compensation, and Governance) at an upcoming board meeting.

Why is the committee selection of a director important for investors?

The committees of the Board of Directors, such as Audit, Compensation, and Governance, oversee critical functions like financial reporting integrity, executive pay, and corporate conduct. A director's service on these committees can indicate their involvement and influence in these important areas. Changes in committee composition can signal shifts in focus or strategy.

When will this committee decision take effect?

The decision is related to nominations for the board meeting scheduled for May 5, 2004. Therefore, if elected to the committees, the change in Mr. Burrus's service would likely commence following that meeting.

Does this filing indicate any specific issues with CSX Corporation?

This filing, on its own, does not explicitly indicate specific problems with CSX Corporation. It reports a director's personal request regarding committee assignments. However, investors may wish to consider this within the broader context of corporate governance and potential implications for committee oversight.

CSX 8-K SEC Disclosure — Apr 22, 2004

Summary

CSX Corporation filed an 8-K on April 21, 2004, reporting a significant development regarding its Board of Directors. Robert L. Burrus, Jr., a current director, has indicated his preference not to be nominated for service on the Audit, Compensation, or Governance Committees of the Board during the upcoming May 5, 2004 board meeting. This disclosure is made under Regulation FD, ensuring all investors receive the information simultaneously.

Key Highlights

1CSX Corporation filed a Form 8-K on April 21, 2004.
2The filing pertains to an event that occurred on April 20, 2004.
3Director Robert L. Burrus, Jr. has stated his intention not to serve on key board committees.
4Specifically, Mr. Burrus requested not to be nominated for the Audit, Compensation, or Governance Committees.
5This decision is relevant for the board meeting scheduled for May 5, 2004.
6The disclosure was made under Regulation FD, mandating simultaneous information release to all investors.

CSX CORP 8-K Report (Apr 22, 2004)

Summary

Key Highlights

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