CSX Makes Its Interim CFO Permanent
October 02 2019 - 06:03PM
Dow Jones News
By Nina Trentmann
CSX Corp. on Wednesday made its interim finance chief permanent,
a move that comes after a monthslong search for a new chief
financial officer at the U.S. freight railroad operator.
Jacksonville, Fla.-based CSX has named Kevin Boone as executive
vice president and chief financial officer. Mr. Boone had been
CSX's interim CFO since May, stepping in for Frank Lonegro, who had
held the role since 2015.
CSX launched an external search for a potential successor to Mr.
Lonegro in May, but kept Mr. Boone in the back pocket.
Mr. Boone joined CSX as vice president of corporate affairs in
2017 and became vice president of marketing and strategy in March
of this year. Before his time at CSX, Mr. Boone worked at Janus
Capital Group Inc., Morgan Stanley and Merrill Lynch.
"Kevin's strong and diverse finance background will be
invaluable as we strive to operate efficiently and create
shareholder value," Chief Executive Jim Foote said in a release on
Wednesday.
Alongside Mr. Boone's appointment, CSX hired Jamie Boychuk as
executive vice president of operations. Ed Harris, who previously
led operations, will continue as executive vice president, CSX
said.
Write to Nina Trentmann at Nina.Trentmann@wsj.com
(END) Dow Jones Newswires
October 02, 2019 17:48 ET (21:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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