CSX said Michael A. Cory, Executive Vice President and Chief Operating Officer, is retiring from the company. He will cease serving in that position on October 12, 2026, the Transition Date.

1. 01

   CSX said Michael A. Cory, Executive Vice President and Chief Operating Officer, is retiring from the company. He will cease serving in that position on October 12, 2026, the Transition Date.

2. 02

   The company said Cory will provide transition services from the Transition Date through May 8, 2027, the end of the Transition Period, at which point his employment will end in all capacities.

3. 03

   The company said Cory will continue to receive, during the Transition Period, his base salary at an annual rate of $780,000 and his annual bonus under the 2026 MICP based on actual performance. He will also be eligible for a 2027 MICP bonus, pro-rated for the number of days he is employed. These payments are subject to his signing and not revoking a release of claims and complying with post-employment restrictive covenants.

4. 04

   CSX said Cory is subject to non-competition and non-solicitation restrictions for 24 months after his employment ends. The press release said Doug Ryhorchuk and Casey Albright will now report directly to Steve Angel.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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