CSX appoints Steve Angel as CEO, succeeding Joe Hinrichs; reaffirms volume growth

CSX CORP

Steve Angel appointed President and CEO effective Sept. 28, 2025; Joe Hinrichs separated.
Angel receives base salary $1.5M, target bonus 175%, sign-on equity $10M, and annual LTIP $13.5M starting 2026.
Angel previously CEO of Linde and Praxair, with TSR of 219% and 257% respectively.
CSX says operating performance remains strong and expects full-year volume growth.

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