The company is seen as having missed an opportunity to merge with a rival, and has two activist investors in its stock.

CSX named Steve Angel as CEO, succeeding former Ford executive Joe Hinrichs as leader of the eastern railroad. The post Hinrichs out as CSX CEO appeared first on FreightWaves.

CSX said it replaced Hinrichs with Steve Angel after activist investor Ancora pressured the railroad to pursue a merger or find another leader.

CSX railroad replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific ra ...

CSX Corp. said Sept. 29 that President and CEO Joe Hinrichs has left the company, with former Linde CEO Steve Angel appointed as his replacement.

Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Southern deal.

The SMART-TD union today welcomed the departure of CSX CEO Joe Hinrichs, saying the appointment of Steve Angel as chief executive is an opportunity to improve the labor-management relationship. “With ...

Joe Hinrichs has been replaced by Steve Angel as president and CEO of US Class 1 freight railway CSX with immediate effect.

CSX Transportation this week named Steve Angel to replace Joe Hinrichs as CEO amid pressure from an activist investor urging the railroad to find a merger partner.

Former CSX CEO Joe Hinrichs posted this letter to railroad employees today on LinkedIn. Just over three years ago I came out of retirement to become President & CEO of CSX. I was the first outsider to ...

CSX Corp. appointed Steve Angel as CEO following Joe Hinrichs' sudden departure. The leadership change comes amid pressure from activist investors and rising competition.

Joe Hinrichs out as CSX CEO; former Linde CEO Steve Angel now leads railroad. Story here.