CSX Corp Unveils New Leadership Changes
CSX Corp. Names Steve Angel as New CEO; Focus on Safety and Growth
CSX Corp. (NASDAQ: CSX) has appointed Steve Angel as its new President and Chief Executive Officer, effective September 28, 2025. Angel takes over from Joe Hinrichs, who has stepped down from his positions as President, CEO, and Board member. With more than 45 years of executive experience, Angel is poised to lead CSX into its next chapter.
Leadership Transition at CSX Corp: A New Era Begins
Steve Angel, renowned for his successful tenure as CEO of Linde plc and Praxair, Inc., has been named the new head of CSX Corp. During his leadership at Linde, Angel achieved remarkable shareholder returns of 219% and 257%, respectively. Under Angel’s direction, Linde’s market capitalization saw a 141% increase, translating to a $131 billion growth in value.
Maintaining Robust Operating Performance and Growth
CSX continues to maintain its strong operational performance and anticipates continued full-year volume growth. Angel’s strategic priorities will focus on enhancing railroad and employee safety, ensuring reliable customer service, and maximizing shareholder value. These measures aim to reinforce CSX’s commitment to operational excellence and sustained growth.
Steve Angel: A Proven Leader with a Strong Track Record
Angel has a legacy of fostering transformative growth and operational success. His leadership at Praxair, which later merged with Linde to become the largest industrial gases company globally, demonstrated his ability to drive significant market value increases and shareholder returns. His early career at General Electric, directly involving locomotive and rail operations, underpins his expertise and leadership in the transportation industry.
Leadership Vision: Safety and Long-term Initiatives
Expressing gratitude and anticipation, Angel stated, “I’m truly honored to step into the role of CEO at CSX. My focus will be on prioritizing railroad safety, delivering reliable services, and increasing shareholder value, all while continuing to connect industries and communities.”
Acknowledging Past Leadership and Future Prospects
CSX Chairman John Zillmer expressed confidence in Angel’s capabilities, highlighting his vision for long-term value creation and expertise in leading transformative company improvements. Zillmer also extended gratitude to the outgoing CEO, Joe Hinrichs, for his leadership and contributions that laid a formidable foundation for CSX’s future advancements.
About CSX: A Premier Transportation Leader
Headquartered in Jacksonville, Florida, CSX is a leader in rail and intermodal transportation, serving diverse markets, including energy, industrial, and consumer products. Its extensive network links major metropolitan areas across the eastern United States, playing a pivotal role in national economic and industrial development.
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Looking Ahead: Growth and Innovation
CSX Corp. remains committed to advancing its strategic priorities under the new leadership of Steve Angel, focusing on safety, reliable service, and maximizing shareholder value. This transition marks a promising new era for CSX as it continues to build on its strong momentum and industry leadership.
FAQ
- Who is the new CEO of CSX, and when does his tenure begin?
Steve Angel becomes the President and CEO of CSX on September 28, 2025.
- What are Angel’s priorities as CEO?
His priorities include ensuring railroad and employee safety, delivering reliable customer service, and enhancing shareholder value, all aimed at driving long-term growth for CSX.
- How has CSX performed during this leadership transition?
CSX reports robust operating performance and maintains expectations for full-year volume growth.
