CSX Corporation 8-K
Leadership change
COO Michael Cory steps down; Doug Ryhorchuk and Casey Albright will report directly to CEO Steve Angel.
Filed 2026-10-13 08:00 ET
- 5.02 Officer/director change
- 7.01 Regulation FD Disclosure
- 9.01 Financial Statements and Exhibits
Summary
COO retirement and operations leadership transition. Michael Cory stopped serving as executive vice president and chief operating officer on 10/12/2026 and will provide transition services through 5/8/2027, when his employment ends. Doug Ryhorchuk and Casey Albright will report directly to CEO Steve Angel.
Key Figures
- Cory’s transition-period compensation includes his current $0.78M annual salary, his 2026 annual bonus based on actual performance, and eligibility for a prorated 2027 bonus at the same target opportunity as in 2026, also based on actual performance.
- Non-compete and non-solicitation restrictions apply during employment and for 24 months after termination; confidentiality restrictions continue indefinitely.
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