CSX names James Foote as full-time CEO to succeed Hunter Harrison
CSX Corp. said Friday it has named James Foote as chief executive officer, effective immediately. Formerly the railroad operator's chief operating officer, Foote had been acting CEO since Dec. 14 after Hunter Harrison was placed on medical leave. Harrison died on Dec. 16. The stock was little changed in afternoon trade. It has soared 53% year to date, while the Dow Jones Transportation Average has rallied 18% and the Dow Jones Industrial Average has climbed 25%.
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