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Stock impact report

New CSX chief has unfinished work on railroad [FOX Business Network]

CSX Corporation (CSX) 
Last csx corporation earnings: 4/22 04:02 pm Check Earnings Report
One month after the death of his predecessor, CSX Corp. Chief Executive Jim Foote will try to reassure investors that the railroad can complete Hunter Harrison's unfinished work. Continue Reading Below Mr. Foote on Tuesday will address investors on CSX's quarterly earnings call for the first time since being made permanent CEO. He took over shortly after Mr. Harrison died in December, leaving the stewardship of CSX to a railroad marketing veteran who is still a fresh face in the company's Jacksonville, Fla., headquarters. The abrupt leadership transition capped a tumultuous year at CSX that included a proxy fight that installed Mr. Harrison as CEO, layoffs and management departures, and a new operating plan that led to widespread disruptions at the railroad for weeks. Investors hope the next year goes much smoother. Justin Long, railroad analyst at Stephens Inc., said investors want greater reassurance that most of the heavy lifting needed to turn CSX aro Show less Read more
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