CSX Corporation Announces New Chief Operating Officer and Executive Management Changes
CSX Corporation has announced that James M. Foote is joining the company as chief operating officer.
Mr Foote will have responsibility for both operations and sales and marketing and will be based at the company’s headquarters in Jacksonville, Florida.
“CSX is pleased to welcome an experienced railroader who will help continue to drive the company’s transformation,” said E. Hunter Harrison, president and chief executive officer. "Jim’s proven track record with Precision Scheduled Railroading will be a significant asset as we continue to drive value for shareholders and customers.”
Foote will take on the responsibilities of Cindy M. Sanborn, executive vice-president and chief operating officer, and Fredrik J. Eliasson, executive vice-president and chief sales and marketing officer, both of whom plan to resign effective 15th November to pursue other interests, but will remain engaged in supporting the transition until early 2018.
Ellen M. Fitzsimmons, executive vice president, law and public affairs, general counsel and corporate secretary, has announced her retirement from CSX, effective November 15. At that time, Nathan D. Goldman, the company’s current vice-president risk compliance and general counsel, will be promoted to executive vice-president, chief legal officer and corporate secretary. Ellen will remain engaged in supporting the transition until early 2018.
Harrison said, “On behalf of the board of directors and all CSX employees, I would also like to sincerely thank Cindy, Fredrik and Ellen for their dedication to the company and wish them well in their future endeavours. These senior leaders will be missed, and their contributions will have a lasting and positive impact on the organisation for many years.”
Edward J. Kelly, III, Chairman of the Board, said, “The Board looks forward to welcoming Jim and Nathan in their new roles and wishes to express its thanks to Cindy, Fredrik and Ellen for their tremendous contributions and distinguished CSX careers. Each of them has brought great value to the success, the people and the reputation of CSX, and they will leave CSX well positioned for the next stage.”