UPDATE 1-CSX CEO Hunter Harrison takes medical leave amid rail overhaul [Reuters]
CSX Corporation (CSX)
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Source: Reuters
UPDATE 1-CSX CEO Hunter Harrison takes medical leave amid rail overhaul | Reuters Reuters Staff 3 Min Read (Adds details throughout, background, company comment) By Nick Carey and Bhanu Pratap Dec 14 (Reuters) - CSX Corp said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcement that comes amid of a controversial turnaround plan at the No. 3 U.S. railroad that has drawn customer criticism and scrutiny from regulators. The Jacksonville, Florida-based railroad said Harrison, 73, was taking a leave of absence due to unexpected complications from a recent unspecified illness. James Foote, who was named CSX’s chief operating officer in late October, was appointed acting CEO in Harrison’s absence. “Hunter is a good friend and has been a colleague of mine for many years,” Foote, who previously worked under Harrison at Canadian National Railway Co, said in a statement. “He is an icon in the industry and we pray for his speedy recovery.” A railroadin
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