CSX Names Rail Industry Veteran Mike Cory Chief Operating Officer
September 08 2023 - 8:30AM
CSX Corp. (NASDAQ: CSX) announced today the appointment of
Mike Cory, a seasoned railroad executive with more than 40 years of
operations experience, as the company’s executive vice president
and chief operating officer.
Formerly executive vice president and chief operating officer
for the Canadian National (CN) Railway, Cory has provided
transportation consulting services since retiring from the CN in
2019.
“Mike Cory is one of the rail industry’s leading operations
executives, respected for his wealth of operations knowledge and
his success as a leader who understands the customers we serve
and has a deep appreciation for the employees
who provide that service,” said Joe Hinrichs, president and
chief executive officer. “Mike’s reputation as a career railroader,
devoted to process improvement, team building and employee
development within the principles of scheduled railroading
will help CSX continue to achieve new levels of safety,
service and operating efficiency.”
Cory began his railroad career in 1981 as a laborer in the CN
locomotive shops in Winnipeg, Canada. Over the years, he rose
through the ranks as a superintendent, general superintendent,
director of service design, network operations superintendent and
general manager of operations for the Michigan sub-region. He also
broadened his business perspective by holding customer service and
marketing positions. In 2006, he began his ascent through a series
of senior leadership roles, including vice president of network
operations, senior vice president of the Eastern region and senior
vice president for the Western region. He was named executive vice
president and chief operating officer in 2016.
At CSX, Cory will lead a strong team of operations professionals
– led by Ricky Johnson, Senior Vice President of Operations, and
Casey Albright, Senior Vice President of Network Operations and
Service Design – who have helped transform the company into a
safety and service leader among North American Class I railroads.
He will continue to strengthen the company’s operating model across
the network while fostering a ONE CSX culture that values and
engages front-line employees.
CSX also today announced that Kevin Boone, previously executive
vice president of Sales and Marketing, is named executive vice
president and chief commercial officer. The new title recognizes
Boone’s breadth of existing responsibilities across CSX’s broad
customer base and growing offering of supply chain solutions. Boone
previously led the company’s finance organization before
transitioning to sales and marketing in 2021. He joined CSX in
2017, following a successful 17-year career in the investment
industry.
“With our great team of talented leaders, I am confident that
CSX will continue its momentum toward providing an industry-leading
experience for our employees, customers, communities and
shareholders,” said Hinrichs.
About CSX CSX, based in Jacksonville,
Florida, is a premier transportation company. It provides rail,
intermodal and rail-to-truck transload services and solutions to
customers across a broad array of markets, including energy,
industrial, construction, agricultural, and consumer products. For
nearly 200 years, CSX has played a critical role in the nation's
economic expansion and industrial development. Its network connects
every major metropolitan area in the eastern United States, where
nearly two-thirds of the nation's population resides. It also links
more than 240 short-line railroads and more than 70
ocean, river and lake ports with major population centers and
farming towns alike.
Contact:
Matthew Korn, CFA, Investor Relations904-366-4515
Bryan Tucker, Corporate Communications855-955-6397
A photo accompanying this announcement is available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/5d315f37-c04b-454a-a020-d12ffda530c2
CSX (NASDAQ:CSX)
Historical Stock Chart
From Jun 2024 to Jul 2024
CSX (NASDAQ:CSX)
Historical Stock Chart
From Jul 2023 to Jul 2024