CSX COO Mike Cory retires; Ryhorchuk and Albright to report directly to CEO Angel

CSX CORP

Mike Cory ceased serving as EVP and Chief Operating Officer on October 12, 2026; he provides transition services through May 8, 2027.
Transition Agreement retains his $780,000 annual base salary, 2026 MICP bonus at actual performance, and a prorated 2027 MICP target bonus.
Outstanding equity awards will be treated as a 'retirement' termination under the applicable award agreements; Non-Compete runs 24 months post-employment.
Doug Ryhorchuk (SVP Operations) and Casey Albright (SVP Network Operations and Service Design) now report directly to CEO Steve Angel; no successor COO named.
Ryhorchuk spent nearly four decades at CN before joining CSX in 2024; Albright has nearly 30 years of service at CSX.

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