Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

WhiskeyGrinder

(22,727 posts)
Sat Dec 16, 2017, 06:44 PM Dec 2017

CSX CEO Hunter Harrison has died

Source: CNBC

CSX CEO Hunter Harrison has passed away at age 73, the freight rail company confirmed in a statement Saturday.

"It is with great sadness that we announce that E. Hunter Harrison, President and Chief Executive Officer of CSX, died today in Wellington, Fla., due to unexpectedly severe complications from a recent illness," the company said.

Harrison had taken medical leave on Thursday, sending shares of the third largest U.S. rail company tumbling in pre-market trading. Jim Foote was named acting CEO in his place.

Harrison had been suffering from an undisclosed medical condition that forced him to work from home some days and use an oxygen machine at times, according to the Wall Street Journal.

Read more: https://www.cnbc.com/2017/12/16/csx-ceo-hunter-harrison-has-died-wsj-says-citing-sources.html



This man ruined so many lives. SO. MANY. Rot in hell.
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
CSX CEO Hunter Harrison has died (Original Post) WhiskeyGrinder Dec 2017 OP
Please explain your complaints about him. elleng Dec 2017 #1
"Precision railroading" looks great on paper but is terrible for the people who actually have to do WhiskeyGrinder Dec 2017 #2
Thanks. elleng Dec 2017 #3
Wikipedia says he's only been working there since March 2017 FakeNoose Dec 2017 #4
Yes, CSX was the latest in his trail of destruction. WhiskeyGrinder Dec 2017 #5
At Trainorders: mahatmakanejeeves Dec 2017 #6
Yep. WhiskeyGrinder Dec 2017 #7
CSX is the old B&O Railroad Yupster Dec 2017 #8

WhiskeyGrinder

(22,727 posts)
2. "Precision railroading" looks great on paper but is terrible for the people who actually have to do
Sat Dec 16, 2017, 08:26 PM
Dec 2017

it. Focusing on metrics and big data works only so well on certain types of lines. He instituted a culture of running the railroad for shareholders, not clients, customers or employees. He's the very example of someone leading the charge to kill the goose that lays the golden eggs, and leaving nothing but bloody feathers for those who run, schedule and manage the trains.

FakeNoose

(33,432 posts)
4. Wikipedia says he's only been working there since March 2017
Sat Dec 16, 2017, 09:11 PM
Dec 2017
https://en.wikipedia.org/wiki/E._Hunter_Harrison

Wikipedia says more of his career was spent at Burlington Northern RR and Illinois Central RR. Early retirement, then he came to work for Pershing Square Capital Management in mergers and acquisitions. Some lawsuits, proxy battles, contract breeches, etc. then he came to CSX as their CEO in March. This guy probably died very rich, but it looks like he screwed a lot of people along the way.

Just sayin'




Latest Discussions»Latest Breaking News»CSX CEO Hunter Harrison h...