CSX Corp. said Thursday that it’s President and CEO E. Hunter Harrison has been placed on medical leave “due to unexpected complications from a recent illness.” The board of directors named Chief Operating Officer James Foote as acting CEO. “Hunter is a good friend and has been a colleague of mine for many years. He is an icon in the industry and we pray for his speedy recovery,” Foote said in a company press release. The company said it would update investors on the situation with a conference call Friday at 7:30 a.m. Eastern. CSX, based in Jacksonville, Fla., provides rail, intermodal and rail-to-truck services.
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