01—Abstract
Summary
Summary of the 8-K filed October 29, 2025. Cited figures are marked; the original filing is the authoritative source.
CSX Corporation (CSX) has announced significant changes in its executive leadership team through a Form 8-K filing.
Kevin S. Boone has been appointed as the new Executive Vice President and Chief Financial Officer (CFO), effective immediately. Mr. Boone transitions into this critical role from his previous position as Executive Vice President and Chief Commercial Officer, bringing extensive experience within the company since June 2021.
Concurrently, Sean R. Pelkey has separated from his role as CFO. The company also announced the promotion of Maryclare T.
Kenney to Senior Vice President and Chief Commercial Officer. Ms. Kenney, who joined CSX in 2011, has held various senior positions and most recently led Merchandise Sales and Marketing. These leadership adjustments signal a shift in key financial and commercial responsibilities within the organization.
02—Key points
Key Highlights
- Kevin S. Boone appointed Executive Vice President and Chief Financial Officer (CFO), effective immediately.
- Sean R. Pelkey has separated from his employment as Executive Vice President and Chief Financial Officer.
- Maryclare T. Kenney promoted to Senior Vice President and Chief Commercial Officer, effective immediately.
- Mr. Boone's compensation arrangements are not changing in connection with his appointment as CFO.
- Ms. Kenney has a strong track record within CSX, having held various roles since 2011.
- The company issued a press release on October 29, 2025, announcing these leadership changes.
03—Questions
Frequently Asked Questions
Why has the CFO position changed?
Sean R. Pelkey has separated from his employment as Executive Vice President and Chief Financial Officer. Kevin S. Boone has been appointed to succeed him, effective immediately.
What is Kevin S. Boone's background at CSX?
Kevin S. Boone has been with CSX since June 2021, most recently serving as Executive Vice President and Chief Commercial Officer. His extensive experience within the company has led to his appointment as CFO.
Will Kevin S. Boone's compensation change with his new role?
No, the filing explicitly states that there will not be any changes to Mr. Boone's compensation arrangements in connection with his appointment as Executive Vice President and Chief Financial Officer.
Who has been appointed to the Chief Commercial Officer role?
Maryclare T. Kenney has been promoted to Senior Vice President and Chief Commercial Officer. She has been with CSX since 2011 and has advanced through roles of increasing responsibility, most recently overseeing Merchandise Sales and Marketing.
What are the terms of Sean R. Pelkey's separation?
Upon signing a customary employment separation agreement and release form, Mr. Pelkey will be eligible to receive compensation and benefits in accordance with the CSX Executive Severance Plan. Details of this plan are available in the Company’s 2025 Proxy Statement.
04—Continue