Summary
CSX Corporation (CSX) filed an 8-K on April 19, 2017, reporting on its first-quarter 2017 financial and operating results. The filing also announced a significant leadership change: E. Hunter Harrison, who was recently appointed CEO, will now also assume the role of President, effective immediately. This move consolidates leadership as Mr. Harrison aims to implement his strategic vision for the company. The detailed financial results are available in the accompanying press release and quarterly financial report, which are furnished as exhibits to this filing.
Key Highlights
- 1CSX announced its first-quarter 2017 financial and operating results via press release and a Quarterly Financial Report.
- 2E. Hunter Harrison, appointed CEO on March 6, 2017, has now also assumed the title of President, effective immediately.
- 3Fredrik J. Eliasson will continue in his role as Executive Vice President and Chief Sales and Marketing Officer.
- 4The title changes for Mr. Harrison did not involve any compensation adjustments.
- 5The press release and Quarterly Financial Report are incorporated by reference and available on CSX's website.
Frequently Asked Questions
This 8-K filing primarily serves to report on CSX Corporation's first-quarter 2017 financial and operating results and to announce a key leadership change where CEO E. Hunter Harrison also took on the role of President.
E. Hunter Harrison is the Chief Executive Officer (CEO) of CSX Corporation. Effective immediately from April 19, 2017, he also assumed the title of President. He was previously appointed CEO on March 6, 2017.
No, the filing explicitly states that there were no compensation adjustments associated with E. Hunter Harrison assuming the title of President.
The detailed financial and operating results for the quarter ended March 31, 2017, are provided in the press release (Exhibit 99.1) and the CSX Quarterly Financial Report (Exhibit 99.2) attached to this 8-K filing. These documents are also available on the CSX Corporation website (www.csx.com).