• CSX tumbles 7% after CEO goes on medical leave

    One year ago - By Business Insider

    CSX shares fell on Friday after the company announced CEO Hunter Harrison has taken medical leave.
    The company has appointed James Foote, its chief operating officer, as acting CEO.
    CSX hired Harrison in March to help turnaround the company, and concerns had been raised about his health.
    Shares of the railroad-provider CSX Corporation tumbled in trading on Friday after the company announced that its CEO has taken medical leave.
    Hunter Harrison experienced "unexpected complications from a recent illness," CSX said in a statement late-Thursday without specifying the condition.
    CSX shares...
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  • CSX shares tumble after CEO's medical leave

    CSX shares tumble after CEO's medical leave

    One year ago - By Reuters

    CSX Corp's shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness.
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  • A health setback for Hunter Harrison punishes CSX stock

    One year ago - By Chron

    JACKSONVILLE, Fla. - Shares of CSX are falling sharply at the opening bell after the railroad said CEO Hunter Harrison will take a medical leave "due to unexpected complications from a recent illness."
    Operating Chief James Foote will serve as acting CEO of the Jacksonville, Florida, company.
    Harrison, who has engineered turnarounds at three different railroads, was hired in March after activist investors pressured CSX for changes. But questions have emerged about his health. In May The Wall Street Journal reported that Harrison often works from home and occasionally uses oxygen because of...
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  • CSX Shares Fall After Famed CEO Hunter Harrison Takes Unspecified Medical Leave

    One year ago - By Fortune

    Acting CSX Corp Chief Executive Officer James Foote said on Friday he would run the No. 3 U.S. railroad in same manner as Hunter Harrison while its famed top executive is on medical leave due to an unspecified illness.
    On a conference call with analysts following the late Thursday announcement of Harrison's leave, Foote offered no timeline for Harrison's return but said he would “drive forward” to run the company like him.
    CSX shares fell 10.3 percent to $51.42 in premarket trading. At Thursday's close, they had risen 15.8 percent since March, when Harrison took the helm.
    Investors have...
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