CSX  $78.96  1.57 (2.03)  /  ShipCSX  /  REPORT AN EMERGENCY: 1-800-232-0144  /  Accessibility IconAccessibility Icon

CSX Announces Preliminary Voting Results of the 2017 Annual Meeting of Shareholders

JACKSONVILLE, Fla., June 5, 2017 – CSX Corporation (Nasdaq: CSX) today announced preliminary results of matters voted upon during its 2017 annual meeting of shareholders.

 Preliminary results of the voting at the annual meeting indicate that shareholders:

  • elected all 13 nominees to the board of directors named in the company’s proxy statement, with each nominee receiving at least 96 percent of the votes cast in favor of his or her election;
  • ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for 2017, with at least 98 percent of the votes cast in favor;
  • approved an advisory resolution concerning compensation of CSX’s named executive officers, with at least 94 percent of the votes cast in favor;
  • voted in support of an advisory resolution on the frequency of future advisory votes on the compensation of the company’s named executive officers, with at least 89 percent of the votes cast in favor of annual future advisory votes;  and
  • approved, on an advisory basis, the reimbursement arrangements sought in connection with the retention of E. Hunter Harrison as chief executive officer of CSX, with at least 93 percent of the votes cast in favor.

Directors who were elected to serve until the company’s 2018 annual meeting are Donna M. Alvarado, Sen. John B. Breaux, Pamela L. Carter, Steven T. Halverson, E. Hunter Harrison, Paul C. Hilal, Edward J. Kelly III, John D. McPherson, David M. Moffett, Dennis H. Reilley, Linda H. Riefler, J. Steven Whisler and John J. Zillmer. Biographical information about each director is available on CSX’s website at https://www.csx.com/index.cfm/investors/corporate-governance/board-of-directors/

Final tabulations of the voting results will be filed on a Current Report on Form 8-K with the Securities and Exchange Commission after they are certified by the company’s independent inspector of elections.

About CSX and its Disclosures

CSX, based in Jacksonville, Florida, is a premier transportation company.  It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products.  For over 190 years, CSX has played a critical role in the nation’s economic expansion and industrial development.  Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides.  It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com.  CSX also uses social media channels to communicate information about the company.  Although social media channels are not intended to be the primary method of disclosure for material information, it is possible that certain information CSX posts on social media could be deemed to be material.  Therefore, we encourage investors, the media, and others interested in the company to review the information we post on Twitter (http://twitter.com/CSX) and on Slideshare (http://www.slideshare.net/HowTomorrowMoves).  The social media channels used by CSX may be updated from time to time.

More information about CSX Corporation and its subsidiaries is available at www.csx.com and on Facebook (http://www.facebook.com/OfficialCSX).

Forward-Looking Statements

This information and other statements by CSX may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost-savings, expenses, taxes, liquidity, capital expenditures, dividends, share repurchases or other financial items, statements of management’s plans, strategies and objectives for future operations, and management’s expectations as to future performance and operations and the time by which objectives will be achieved, statements concerning proposed new services, and statements regarding future economic, industry or market conditions or performance. Forward-looking statements are typically identified by words or phrases such as “will,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “preliminary” and similar expressions. Forward-looking statements speak only as of the date they are made, and CSX undertakes no obligation to update or revise any forward-looking statement. If CSX updates any forward-looking statement, no inference should be drawn that CSX will make additional updates with respect to that statement or any other forward-looking statements.

# # #



Rob Doolittle, Corporate Communications