- He has been in the position of CEO at CSX for less than one year
- James Foote taking over in the interim
(exechange) — Jacksonville, Florida, December 16, 2017 — Hunter Harrison, chief executive of CSX, has died. CSX announced his death on Saturday, December 16, 2017. E.Hunter Harrison has been in the position of Chief Executive Officer at CSX Corporation for less than one year. He died at age 73.
Harrison’s duties will be taken over in the interim by James Foote, most recently COO at CSX Corporation.
“Unexpectedly severe complications from a recent illness”
CSX said: “It is with great sadness that we announce that E. Hunter Harrison, President and Chief Executive Officer of CSX, died today in Wellington, Fla., due to unexpectedly severe complications from a recent illness.”
Chaired by Edward J. Kelly
CSX Corporation is chaired by Edward J. Kelly.
In the position of CEO since 2017
E.Hunter Harrison has been Chief Executive Officer and Director of CSX Corporation since March 6, 2017 and served as its President since April 19, 2017.
E.Hunter Harrison successfully led the turnaround of three major railroads over the last 25 years through his Precision Scheduled Railroading model.
Harrison served as the President and Chief Executive Officer of Canadian Pacific Railway Limited (“Canadian Pacific”) from 2012 to 2017, during which time he was also a member of the board of directors.
Prior to leading Canadian Pacific, Harrison served as President and Chief Executive Officer at Canadian National Railway Company from 2003 to 2009 and as the Executive Vice President and Chief Operating Officer from 1998 to 2002.
He also served on the board of directors of Canadian National Railway Company for 10 years.
Harrison also drew upon experience from Illinois Central Corporation, Illinois Central Rail Road Company and Burlington Northern.
From 2014 to 2015, Harrison served on the board of directors of Foresight Energy LP.
Additionally, Harrison was a director of Dynegy Inc. (“Dynegy”) from March 9 to December 16, 2011 (Chairman from July 11 to December 16, 2011), as well as Interim President and Chief Executive Officer from April 9 to July 11, 2011.
At the time of his appointment as Chief Executive Officer at CSX, Hunter Harrison said: “I am proud to join the dedicated and talented railroaders at CSX. Together, we will implement Precision Scheduled Railroading – a model proven to improve safety, create better service for customers, produce a proud and winning culture for employees, and generate exceptional, lasting value for shareholders.”
Hunter Harrison was placed at the helm of CSX less than a year ago. He was set to be paid $300 million for his work.
Push-out Score not determined
When the reason for the departure is death, a Push-out Score™ is not determined.
Read the full story in the exechange report 52.2017 ($).