The Daily CSX: CSX executive shakeup rattles employees, investors; shares drop

By Reuters, Fox Business News; October 26, 2017

The resignation of two prominent female executives at CSX Corp (CSX) hours before CSX canceled a long-planned investor conference this week rattled employees and investors on Thursday, sending the No. 3 U.S. railroad’s shares down 1 percent.

The resignations prompted concerns over the health of 72-year-old Chief Executive Hunter Harrison, and fears of deeper turmoil as CSX undergoes a major overhaul.

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