CSX Appoints Joseph Hinrichs To Succeed James Foote As President And CEO

RTTNews | vor 1141 Tagen
Stocktwits
CSX Appoints Joseph Hinrichs To Succeed James Foote As President And CEO

(RTTNews) - Transportation supplier CSX Corp. (CSX) announced Thursday that, as part of a planned succession process, its Board of Directors has appointed seasoned executive Joseph Hinrichs as the Company's new President and Chief Executive Officer, effective September 26, 2022.

Hinrichs succeeds James Foote, who plans to retire as President and Chief Executive Officer, as well as from the Board, on September 26, 2022. Foote will continue to work with the Company through March 31, 2023 as an advisor to facilitate a seamless leadership transition.

Hinrichs has more than 30 years' experience in the global automotive, manufacturing, and energy sectors, previously serving as President of Ford Motor Co.'s automotive business. Previously, he served as President of Global Operations, President of the Americas, and President of Asia Pacific and Africa. Hinrichs has also held executive roles in global manufacturing, materials planning, and logistics.

Tags: CSX
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FTSE 100 Moderately Lower; WPP Tanks On Lower Earnings, Forecast

FTSE 100 Moderately Lower; WPP Tanks On Lower Earnings, Forecast

The UK stock market is down in negative territory on Thursday, mirroring the trend in other major European markets, as investors react to the latest batch of earnings announcements from the domestic and global front, and some regional economic data.
RTTNews | vor 50 Minuten
CAC 40 Drifts Lower; Investors React To Earnings And Await ECB Policy

CAC 40 Drifts Lower; Investors React To Earnings And Await ECB Policy

France's benchmark index CAC 40 is down in negative territory on Thursday with investors reacting to a slew of earnings updates and regional economic data, the Federal Reserve's interest rate cut and the warning that no further reduction is likely this year.
RTTNews | vor 1Std 46 Minuten
Sensex, Nifty Decline On Hawkish Fed Remarks

Sensex, Nifty Decline On Hawkish Fed Remarks

Indian shares fell notably on Thursday as investors reacted to hawkish comments from Federal Reserve Chair Jerome Powell, mixed earnings results from mega-cap U.S. technology companies and the latest updates from U.S.-China trade negotiations.
RTTNews | vor 2Std 29 Minuten
DAX Down Nearly 6% On Mixed Earnings Updates

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German stocks are showing some weakness on Thursday with investors mostly making cautious moves after Federal Reserve Chair Jerome Powell's caution that another interest rate cut by the central bank is unlikely this year.
RTTNews | vor 2Std 33 Minuten
European Shares Subdued Ahead Of ECB Decision

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European stocks nudged lower on Thursday after Federal Reserve Chair Jerome Powell cautioned investors not to expect another interest rate cut in December and mega-cap U.S. technology companies reported mixed earnings results.
RTTNews | vor 3Std 46 Minuten
Asian Shares Mixed As Trump-Xi Summit Concludes

Asian Shares Mixed As Trump-Xi Summit Concludes

Asian stocks turned in a mixed performance on Thursday after Federal Reserve Chair Jerome Powell indicated that further interest rate cuts are not guaranteed.
RTTNews | vor 4Std 21 Minuten
Yen Falls After BoJ Rate Decision

Yen Falls After BoJ Rate Decision

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged, and kept its real growth and inflation outlook more or less unchanged.
RTTNews | vor 5Std 17 Minuten
French GDP Growth Accelerates Unexpectedly

French GDP Growth Accelerates Unexpectedly

France's economic growth accelerated in the third quarter despite political uncertainty and trade tensions, official data revealed on Thursday. Gross domestic product registered a quarterly growth of 0.5 percent, following a 0.3 percent rise in the second quarter, the statistical office INSEE reported. The growth was expected to ease to 0.2 percent.
RTTNews | vor 5Std 33 Minuten
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