CSX Corp. Reveals New Leadership Change

Steve Angel Named CEO of CSX: A New Era in Rail Transport

Leadership Change Ushers in Strategic Shift for CSX

JACKSONVILLE, Fla., Sept. 29, 2025—CSX Corporation (NASDAQ: CSX) has announced the appointment of Steve Angel as its new President and Chief Executive Officer, effective September 28. Angel succeeds Joe Hinrichs and joins the Board of Directors. This transition is expected to be seamless, aligning with CSX’s strategic priorities to drive continued growth and performance.

Angel brings over 45 years of leadership experience, having previously headed Linde plc and Praxair, Inc. His tenure at these companies was marked by significant shareholder returns and strategic transformation. Angel plans to retire as Chairman of Linde’s Board in early 2026.

Operational Excellence and Future Growth Expected

CSX remains committed to maintaining strong operational performance and anticipates achieving full-year volume growth. Under Angel’s leadership, the company is poised to continue its trajectory of success by fostering a collaborative culture and ensuring disciplined capital allocation.

John Zillmer, Chairman of CSX, expressed confidence in Angel’s ability to guide CSX through its next phase. “Steve is a visionary leader whose expertise will be crucial as we aim to maximize shareholder value and advance our strategic initiatives,” Zillmer stated.

Steve Angel’s Proven Track Record

During his time at Linde and Praxair, Angel oversaw a remarkable increase in shareholder value, with companies achieving return rates of 219% and 257%, respectively. His leadership was instrumental in the merger of Linde AG and Praxair, resulting in the world’s largest industrial gases company.

Angel began his career at General Electric, gaining extensive experience in locomotive and rail operations. His comprehensive industry knowledge and leadership skills make him a fitting choice to spearhead CSX’s growth initiatives.

Commitment to Safety and Shareholder Value

• Safety: Ensuring the safety of CSX’s railroad and employees is a top priority.
• Service: Delivering reliable services to customers remains central to operations.
• Value: Increasing shareholder value through strategic initiatives and performance excellence.

As Angel assumes leadership, his main focus will be to work closely with CSX’s 23,000 employees, Board, and management team, ensuring that the company’s strategic goals are met and further propelling long-term growth.

Tribute to Joe Hinrichs

CSX acknowledges Joe Hinrichs for his contributions over the past three years. Zillmer credited Hinrichs with strengthening CSX’s operations and employee culture, setting a solid foundation for future endeavors.

About CSX

CSX is a leading transportation company based in Jacksonville, Florida. The company provides comprehensive rail, intermodal, and rail-to-truck transload services, connecting key U.S. metropolitan areas and serving a range of markets including energy, industrial, and consumer products.

For further details, visit Emegypt or connect with CSX on social media platforms.

Forward-Looking Statements

This article may contain forward-looking statements that are subject to risks and uncertainties. These include CSX’s strategic initiatives, changes in economic conditions, and industry performance. For more details, consult CSX’s reports available on the SEC website and Emegypt.