December 23, 2002 | CSX, Headlines
JACKSONVILLE, Fla. — Al Crown, executive vice president- transportation, announced that veteran railroader Paul Reistrup will retire on December 31, 2002, following successful integration of CSX Transportation’s passenger and commuter rail network....
December 19, 2002 | CSX, Headlines
WASHINGTON — John W. Snow, President Bush’s nominee for Treasury Secretary, executed a well-timed $4.2 million sale of CSX Corp. (CSX, news) stock this summer, raising cash to repay a loan backed by the railroad where he is chairman and chief executive,...
December 18, 2002 | CSX, Headlines
CHARLOTTE, N.C. — Domestic-shipping company CSX Lines LLC will have a new owner and new name, but its headquarters will remain in Charlotte, the Charlotte Observer reported. Its parent company is selling a majority stake of the largest domestic shipper to a...
December 17, 2002 | CSX, Headlines
WASHINGTON — When the CSX Corporation calculates pension benefits for its chief executive, John W. Snow, nominated by President Bush last week to be Treasury secretary, he will receive credit for 44 years of service to the company, though he has worked there...
December 12, 2002 | CSX, Headlines
RICHMOND, Va. — CSX Corporation announced the election of David M. Ratcliffe and Donald J. Shepard to its board of directors. Mr. Ratcliffe serves as president and chief executive officer of Georgia Power Company and executive vice president of Southern Company....
December 12, 2002 | CSX, Headlines
RICHMOND, Va. — CSX Corp. is expected to choose rail veteran Michael J. Ward to succeed its current chairman should John W. Snow win approval as the nation’s next Treasury secretary, the Richmond Times-Dispatch reported. Speculation mounted yesterday in...
December 12, 2002 | CSX, Headlines
WASHINGTON, D.C. — Treasury secretary nominee John W. Snow said yesterday that he will not accept a severance package he negotiated last year at his company, CSX Corp., potentially worth millions of dollars, the Washington Post reported. Snow will forgo pay and...
December 12, 2002 | CSX, Headlines
NEW YORK — CSX Corp. Chairman and CEO John Snow, who the Bush administration has tapped to be the new Treasury secretary, will sell his CSX stock holdings if Congress confirms his nomination, Dow Jones Newswires reported, citing a White House spokeswoman. Snow...
December 11, 2002 | CSX, Headlines
WASHINGTON — The White House sought Tuesday to lay to rest questions about the tenure of John Snow, President Bush’s new Treasury Secretary pick, at the helm of railroad giant CSX Corp. The Associated Press reports that Bush named Snow, chairman and chief...
December 11, 2002 | AFL-CIO, CSX, Headlines
WASHINGTON — According to Reuters, the AFL-CIO labor group on Tuesday criticized U.S. Treasury Secretary-nominee John Snow’s railroad company for an “unusual” clause in his severance deal that will pay him millions if he goes into public...
