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CSX CEO Hunter Harrison on medical leave

Hunter Harrison

CSX announced that Chief Executive Officer and President Hunter Harrison is on medical leave due to unexpected complications from a recent illness.

The Jacksonville-based railway has named COO James Foote as acting CEO of the Company.

Foote issued a statement that reads in part:

"Hunter is a good friend and has been a colleague of mine for many years. He is an icon in the industry and we pray for his speedy recovery."

CSX will be holding a conference call on Friday morning at 7:30.