CSX CORP (CSX) Form 8-K — Oct 13, 2026
CSX announced on October 12, 2026 that Mike Cory, Executive Vice President and Chief Operating Officer, is retiring. He ceased serving as COO effective the announcement date and will provide transition services through May 8, 2027. Under a Transition Agreement, Cory will continue to receive his $780,000 base salary, 2026 bonus based on actual performance, a pro-rated 2027 bonus, and benefits, with equity awards treated as a retirement termination. He also signed a non-compete with 24-month post-employment restrictions.
Key figures
- Cory base salary
- 780000
- Transition period end
- 2027-05-08
- Non compete duration months
- 24
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