CSX Names Rail Industry Veteran Mike Cory Chief Operating Officer
Portfolio Pulse from Benzinga Newsdesk
CSX Corp. has appointed Mike Cory, a seasoned railroad executive with over 40 years of experience, as the company's executive vice president and chief operating officer. Cory, formerly of the Canadian National (CN) Railway, is expected to help CSX achieve new levels of safety, service, and operating efficiency. CSX also announced that Kevin Boone, previously executive vice president of Sales and Marketing, is named executive vice president and chief commercial officer.
September 08, 2023 | 12:36 pm
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The appointment of Mike Cory and Kevin Boone in key positions at CSX Corp. is expected to bring in their vast experience and leadership to the company, potentially improving its operations and efficiency.
The appointment of seasoned executives in key positions often signals a company's intent to leverage their experience and leadership for operational improvements. Given Cory's and Boone's track records, this could potentially lead to improved efficiency and service at CSX, which could positively impact the company's performance and, consequently, its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100