CSX Corp CSX

Industrials Railroads

CSX Corp. is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service, the transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. Through its subsidiary, CSX Transportation, Inc. (CSXT), it provides a link to the transportation supply chain through its approximately 20,000-route mile rail network and serves major population centers in 26 states east of the Mississippi River, the District of Columbia and the Canadian provinces of Ontario and Quebec. CSXT is also engaged in real estate sales, leasing, acquisition and management and development activities. It serves merchandise, intermodal, coal, and trucking businesses.

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CSX Corp > Disappointed with Boards decision to sit on the sidelines

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Comment by ufoolmeon Feb 15, 2017 12:26pm

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Post# 25849584

RE:RE:Disappointed with Boards decision to sit on the sidelines

Harrison is 72 years old, and his requested compensation package is ridiculous. He wants the $88 million he left on the table at CP plus 1% of the shares of CSX. That would be about 9 million shares with a value of about $425 million. He is not that good. I do not blame the board for saying we will ask the shareholders. I would vote no. Ridiculous.

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