CSX (CSX) CEO Joe Hinrichs was fired after failing to engage with Union Pacific’s (UNP) informal merger approach, which later led to Union Pacific striking a deal with Norfolk Southern (NSC), Semafor’s Rohan Goswami reports. His dismissal followed months of board tension over pay and concerns about how he handled potential strategic opportunities, according to people familiar with the matter.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX: