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CSX CEO Harrison takes medical leave after complications from a recent illness; shares drop 9%

Ed Lane
Chris Goodney | Bloomberg | Getty Images. The head of the third-largest railroad operator in the United States has taken an unexpected medical leave.

Shares of U.S. rail operator CSX Corp.

(NASDAQ: CSX)

fell 9 percent in the premarket after the company said CEO and President E. Hunter Harrison has taken medical leave after unexpected complications from a recent illness.

Chief Operating Officer James M. Foote will fill in as as acting CEO for Harrison, who earlier this year left as the head of Canadian Pacific

(Toronto Stock Exchange: CP-CA)

to take the the top job at CSX, the nation's third largest

railroad

operator.

The company will hold a conference call on Friday morning (Dec. 15) at 7:30 a.m. EST to give updates.

Shares of U.S. rail operator CSX Corp.

(NASDAQ: CSX)

fell 9 percent in the premarket after the company said CEO and President E. Hunter Harrison has taken medical leave after unexpected complications from a recent illness.

Chief Operating Officer James M. Foote will fill in as as acting CEO for Harrison, who earlier this year left as the head of Canadian Pacific

(Toronto Stock Exchange: CP-CA)

to take the the top job at CSX, the nation's third largest

railroad

operator.

The company will hold a conference call on Friday morning (Dec. 15) at 7:30 a.m. EST to give updates.



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