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Form 8-K · Current Report · Filed 2024-05-10

CSX Corporation Announces Election of Anne Chow to Board and Annual Meeting Results

CSX Corporation held its Annual Meeting of Shareholders on May 8, 2024.

Filer
CSX Corp CSX · NASDAQ
Filed
Accession
0000950103-24-006544
CIK
0000277948
Signal
High impactIndustrials

Details

The shareholders elected Anne Chow to the Board of Directors, effective as of May 8, 2024. The Board has appointed Chow to the Compensation and Talent Management Committee and the Finance Committee. The shareholders also ratified the appointment of Ernst & Young LLP as CSX's independent registered public accounting firm for 2024, approved the compensation of CSX's named executive officers on an advisory basis, and did not approve a shareholder proposal requesting a railroad safety committee.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed New CTO Appointed New CFO Appointed
Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved Say-on-Pay Approved

Market reaction

Close before filing

$34.50

Next session

+0.1%

Since filing

+46.1%

Latest close

$50.40

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CSX reporting the same item, with the next session's move:

About CSX Corp

CSX Corp is a leading transportation company in the United States that primarily operates in the rail sector. Its core function is to provide rail transportation services, which are crucial for the efficient movement of goods across the eastern half of the country. CSX Corp's network includes about 20,000 miles of track, intermodal terminals, and various related facilities, facilitating the transport of diverse commodities such as coal, chemicals, automobiles, and agricultural products. With its strategic positioning, CSX plays a pivotal role in supply chain logistics, impacting sectors ranging from manufacturing to agriculture. The company's services not only enhance connectivity between major ports and marketplaces but also support the broader economic infrastructure by enabling efficient cargo transfers. As rail freight remains a cost-effective and energy-efficient transportation mode, CSX's operations are vital for reducing transportation costs and emissions in comparison to road transport. Additionally, CSX Corp contributes significantly to economic development by improving the reach and scale of goods distribution, thus supporting infrastructure growth within the regions it serves.

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