CSX CEO Hunter Harrison Dead, Days After Medical Leave
Just two days after taking medical leave from his role as CEO of CSX, the company has confirmed 73-year-old Hunter Harrison has passed away.
Bloomberg reports that E. Hunter Harrison, who turned around three railroad carriers during a five-decade career before being tapped by CSX Corp. to improve the company’s lackluster performance, has died, days after taking medical leave. He was 73.
Harrison, who had heart bypass surgery in 1998, occasionally used a portable oxygen tank to treat shortness of breath. Complications from an illness forced him to take time off from his duties as chief executive officer on Dec. 14, and CSX named Jim Foote as interim CEO a day later.
His reputation among analysts and investors was so strong that CSX shares jumped 23 percent on a single day in January 2017 when reports emerged that Harrison was in talks to take the helm. Shares fell almost 8 percent when the company announced his medical leave.
His health emerged as a concern for investors after he joined Canadian Pacific. In 2015, Harrison contracted pneumonia and missed several weeks of work after undergoing surgery to have stents implanted in his legs. In 2017, before being appointed by CSX, he turned down the company’s request that an independent physician designated by the board review his medical records.
Harrison and his wife, Jeannie, had two children.
Source: http://silveristhenew.com/2017/12/16/csx-ceo-hunter-harrison-dead-days-after-medical-leave/
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