CSX taps former Ford executive Joseph Hinrichs as new CEO
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CSX (NASDAQ:CSX) shares poppedÂ 5%Â pre-market on Thursday after the transportation supplier appointed seasoned executive Joseph Hinrichs as its new president and CEO, effective Sep 26, 2022.
Hinrichs holds over 30 years of experience in the global automotive, manufacturing, and energy sectors, having served as president for Ford (F) automotive business most recently.
He succeeds James Foote, who will retire on Sep 26, but will continue as an advisor through March 31, 2023 to facilitate a seamless leadership transition.

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