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Form 8-K · Current Report · Filed 2025-01-27

Ann Begeman Appointed to CSX Board of Directors

On January 27, 2025, CSX Corporation announced the appointment of Ann Begeman to its Board of Directors, effective immediately.

Filer
CSX Corp CSX · NASDAQ
Filed
Accession
0000950103-25-000915
CIK
0000277948
Signal
Medium impactIndustrials

Details

Ms. Begeman, with extensive experience in transportation policy and government affairs, will contribute to the company's strategic growth and regulatory compliance. Her appointment increases the Board size to thirteen members, and she will serve on the Finance Committee. The Company also issued a press release on the same day regarding this appointment.

Items reported

Item 5.02

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

Board Member Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$32.69

Next session

-0.0%

Since filing

+54.2%

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:

Exhibits (1)

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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