CSX Bets More Than $200 Million Hunter Harrison Can Spur Turnaround
Railroad turnaround veteran Hunter Harrison is back in a familiar place — at the bottom.
CSX Names Harrison CEO, Warns He’ll Exit Without $84 Million
CSX Corp. appointed Hunter Harrison as CEO on March 7, effective immediately, entrusting the industry veteran with the task of turning around North America’s least efficient railroad. He’ll stick around as long as shareholders are willing to meet his pay demands.
CSX Is Said to Hit Obstacle in CEO Negotiations With Harrison
CSX Corp. and Hunter Harrison have discussed a three-year contract for the railroad veteran to take over as CEO, but the deal has bogged down over details on how to support his plan to turn around the company, according to a person familiar with the situation.
Report: CSX in Talks With Railroad Exec Hunter Harrison About Taking Top Spot at Company
CSX is in talks with a railroad executive who could end up taking over the company’s top spot, according to published reports. The Wall Street Journal reported Jan. 29 that CSX officials met in Atlanta on Jan. 27 with Hunter Harrison, who recently retired as CEO of Canadian Pacific Railway.