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CSX CEO fired over handling of takeover approach – Semafor (CSX:NASDAQ)

by FeeOnlyNews.com
2 months ago
in Business
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CSX CEO fired over handling of takeover approach – Semafor (CSX:NASDAQ)
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USA)” width=”1536″ height=”1028″ data-caption=”John M. Chase” data-id=”1717841505″ data-image-type=”Getty” data-original-src=”https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1717841505/image_1717841505.jpg?io=getty-c-w630″ data-source=”” data-type=”getty-image” fetchpriority=”high”>

John M. Chase

CSX Corp. (NASDAQ:CSX) former CEO Joe Hinrichs was reportedly fired last month after his board felt he mishandled a takeover approach from Union Pacific (UNP) last year.

The firing came after some informal outreach from railroad rival Union Pacific (UNP



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