In addition to gaining a new CEO, CSX reached an agreement with Mantle Ridge LP, an investment firm formed by Paul Hilal that saw the appointment of five new directors to CSX's Board of Directors, mutually agreed upon by CSX and Mantel Ridge. CSX's board now grows to 13 with three incumbent directors intending to complete their service for the board and the appointments of Harrison, Hilal, Dennis Reilley, Linda Riefler and Johnn Zillmer. CSX's current Presiding Director Edward J. Kelly, III, will become chairman of the board and Hilal will become vice chairman.
Harrison, said, "I am proud to join the dedicated and talented railroaders at CSX. Together, we will implement Precision Scheduled Railroading – a model proven to improve safety, create better service for customers, produce a proud and winning culture for employees and generate exceptional, lasting value for shareholders."
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