CSX announced that Chief Executive Officer and President Hunter Harrison is on medical leave due to unexpected complications from a recent illness.
The Jacksonville-based railway has named COO James Foote as acting CEO of the Company.
Foote issued a statement that reads in part:
"Hunter is a good friend and has been a colleague of mine for many years. He is an icon in the industry and we pray for his speedy recovery."
CSX will be holding a conference call on Friday morning at 7:30.