Oscar Munoz, CSX Corp.s No. 2 executive, is leaving the Jacksonville-based railroad company to become chief executive officer of United Continental Holdings Inc. Gooden has helped lead CSX’s growth and value pricing efforts.
The move is surprising to some analysts, who are asking why would he leave CSX (NYSE: CSX), a railroad giant, when he was likely to be tapped as CEO Michael Ward’s successor.
The company noted that it delivered strong financial, service and efficiency improvements in the first six months of 2015, but expects the second half of the year to be more challenging given intensifying headwinds in its coal markets.
Read more from Ledger Gazette.
Related News
- Veterans helping veterans: SMART members help build new VA Medical Center in Kentucky
- WATCH: Don’t Let CSX Railroad Chicago!
- Statement from National Safety & Legislative Director Jared Cassity on FRA’s ATI Ruling
- Long-time Union Ally Mikie Sherrill Runs for New Jersey Governor
- New law would end unfair taxation on workers’ strike pay
- 1% Declares War On 2-PC & SMART-TD
- NRLC Bargaining Chart
- Local Pride T-Shirt Contest Rules
- Local 9 Car Show – Car Registration
- Public Comment of SMART-TD Regarding Tesla’s Special Permit Request for Transporting Lithium Batteries by Rail