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Joseph R. Hinrichs

President and Chief Executive Officer at CSX
Board
Since September 26, 2022
Age
58 years
Tenure
Joined CSX in September 2022 as President and Chief Executive Officer and has focused on driving operational excellence and cultural enhancements.

Also at CSX

ACW
Angela C. Williams
Vice President and Chief Accounting Officer
DBS
Diana B. Sorfleet
Executive Vice President and Chief Administrative Officer
KSB
Kevin S. Boone
Executive Vice President and Chief Commercial Officer

About

Joseph R. Hinrichs is a seasoned executive with over 30 years of experience in the global automotive, manufacturing, and energy sectors. He began his career in 1989 at General Motors and built a robust career with Ford Motor Company, where he held numerous senior leadership roles in global operations, significantly impacting the company’s strategy and efficiency.

In September 2022, he joined CSX as President and Chief Executive Officer, a move that set the stage for a series of transformative initiatives. Under his leadership, the company has focused on cultural reform, driving operational improvements, and introducing innovative projects such as hydrogen and battery-electric locomotive programs.

Beyond his role at CSX, he has served in various advisory and board capacities, providing strategic guidance across industries and demonstrating a commitment to advancing both technology and workforce development. His career reflects a balance of technical expertise and visionary leadership, making him a respected figure in the transportation and manufacturing arenas.

$CSX Performance Under Joseph R. Hinrichs

Past Roles

OrganizationRoleDate RangeDetails
Ford Motor CompanyPresident of Ford's Global Automotive Business2019–2020 Oversaw global operations and the Ford and Lincoln brands
Ford Motor CompanyPresident of Global Operations2017–2019 N/A
Ford Motor CompanyPresident of the Americas2012–2017 N/A
Ford Motor CompanyPresident of Asia Pacific and Africa2009–2012 N/A
Ford Motor CompanyChairman and CEO of Ford ChinaN/A N/A
Ford Motor CompanyChairman and CEO of Ford CanadaN/A N/A
Ryan EnterprisesPartner and Senior Vice PresidentN/A Oversaw investments in small entrepreneurial businesses
General MotorsEngineer and Management Roles in Engineering and Manufacturing Leadership1989–1999 Began his career as an engineer and advanced into management roles
Rivian Automotive, Inc.Board MemberN/A Served on the board
Ford Motor Credit CompanyBoard MemberN/A Served on the board
Ascend Wellness HoldingsBoard MemberN/A Served on the board

External Roles

OrganizationRoleDate RangeDetails
Exide TechnologiesChairman of the Board of DirectorsN/A Battery manufacturer and provider of advanced energy solutions
The Goodyear Tire & Rubber CompanyMember of the Board of DirectorsN/A N/A
First Move CapitalVenture PartnerN/A Investment firm
Luminar TechnologiesAutomotive Advisory Board MemberN/A Global automotive technology company
microDriveStrategic AdvisorN/A Provides a SaaS platform for hyper-local influencer marketing

Fixed Compensation

Data from  FY 2023
Component Name [N/A]Amount ($) Payment Schedule [N/A]Additional Details
Salary1,400,000 AnnualAnnual base salary
All Other Compensation259,200 Various (per component)CSXtra Plan Contributions: 59,512 , Non-Qualified Deferred Compensation: 39,668 , Health Savings Account Contributions: 2,400 , Perquisites: 157,620 , Severance: N/A

Performance Compensation

Data from  FY 2023

Stock Awards (Performance-Based)

Detail [N/A]Value/Details [Sources]
Grant DateFebruary 15, 2023
Grant Date Fair Value8,000,032
Grant Date Stock Price31.67
Vesting ScheduleRSUs: 1/3 vests on February 15, 2024; Remaining ratably on February 15, 2025 and 2026
Performance Metrics & TargetsNot specifically detailed; Estimated future payout units: Threshold: 0, Target: 189,454 units, Maximum: 473,635 units; Additional stock awards: 63,152 units

Option Awards (Time-Based)

DetailValue/Details [Sources]
Grant DateFebruary 15, 2023
Grant Date Fair Value2,000,003
Grant Date Stock Price31.67
Vesting Schedule1/3 becomes exercisable on February 15, 2024; Remaining ratably on February 15, 2025 and 2026
Performance MetricsNone – vesting is solely time-based

Non-Equity Incentive Plan Compensation

DetailValue/Details [Sources]
Target Incentive Opportunity150% of base salary
Payout StructureThreshold: 2.5% of Target; Target: 100% of Target; Maximum: 200% of Target
Actual Payout115% Company payout
Evaluation Period2023 (implied)
Additional Performance MetricsNo further performance conditions or goals specified

Interviews

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - January 2025 thumbnail

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - January 2025

CSX
6:13 min
Jan 24, 2025
CSX CEO Joe Hinrichs on CNBC's Mad Money thumbnail

CSX CEO Joe Hinrichs on CNBC's Mad Money

CSX
8:01 min
Nov 15, 2024
CSX CEO Joe Hinrichs on earnings: We have work to do but demand is steady thumbnail

CSX CEO Joe Hinrichs on earnings: We have work to do but demand is steady

CNBC Television
3:57 min
Apr 17, 2025
Innovating the Future of Railways with CSX President & CEO Joe Hinrichs thumbnail

Innovating the Future of Railways with CSX President & CEO Joe Hinrichs

CSX
12:16 min
Oct 23, 2024
CSX President & CEO Joe Hinrichs Joins CNBC's Mad Money thumbnail

CSX President & CEO Joe Hinrichs Joins CNBC's Mad Money

CSX
7:41 min
Apr 3, 2024
A lot of industrial development in the Southeast is in our network, says CSX CEO Joe Hinrichs thumbnail

A lot of industrial development in the Southeast is in our network, says CSX CEO Joe Hinrichs

CNBC Television
2:26 min
Nov 17, 2023
Railway Age 2025 Railroader of the Year: Joe Hinrichs, CSX President and CEO thumbnail

Railway Age 2025 Railroader of the Year: Joe Hinrichs, CSX President and CEO

William Vantuono
29:14 min
Jan 6, 2025
CSX CEO Joe Hinrichs Joins CNBC's Worldwide Exchange thumbnail

CSX CEO Joe Hinrichs Joins CNBC's Worldwide Exchange

CSX
5:33 min
Apr 30, 2025
CSX CEO Joe Hinrichs on earnings and consumer: We're seeing 'encouraging' start to current quarter thumbnail

CSX CEO Joe Hinrichs on earnings and consumer: We're seeing 'encouraging' start to current quarter

CNBC Television
4:11 min
Oct 20, 2023
Domestic intermodal business are showing signs of life, says CSX CEO Joseph Hinrichs thumbnail

Domestic intermodal business are showing signs of life, says CSX CEO Joseph Hinrichs

CNBC Television
3:40 min
Jul 21, 2023
Transportation Talks - Joe Hinrichs, President & CEO of CSX thumbnail

Transportation Talks - Joe Hinrichs, President & CEO of CSX

DU Professional Studies
28:52 min
Jul 24, 2023
CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - August 2024 thumbnail

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - August 2024

CSX
5:27 min
Aug 6, 2024
CSX CEO Joe Hinrichs on Bloomberg TV's "The Close" thumbnail

CSX CEO Joe Hinrichs on Bloomberg TV's "The Close"

CSX
6:46 min
Nov 15, 2024
CSX CEO Joseph Hinrichs on Q1 earnings thumbnail

CSX CEO Joseph Hinrichs on Q1 earnings

CNBC Television
4:04 min
Apr 18, 2024
CSX CEO Joe Hinrichs Joins Fox Business' Claman Countdown - April 2025 thumbnail

CSX CEO Joe Hinrichs Joins Fox Business' Claman Countdown - April 2025

CSX
7:41 min
Apr 25, 2025
Joe Hinrichs, CEO CSX:  A Profile in Purpose Leadership thumbnail

Joe Hinrichs, CEO CSX: A Profile in Purpose Leadership

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street thumbnail

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street

CSX
6:16 min
Oct 20, 2023
CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - Jan 2024 thumbnail

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - Jan 2024

CSX
5:07 min
Jan 25, 2024
CSX CEO on earnings: We see a strong second half of the year for us thumbnail

CSX CEO on earnings: We see a strong second half of the year for us

CNBC Television
4:53 min
Aug 6, 2024
CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - April 2024 thumbnail

CSX CEO Joe Hinrichs Joins CNBC's Squawk on the Street - April 2024

CSX
5:19 min
Apr 18, 2024
CSX CEO on earnings miss, trimmed guidance thumbnail

CSX CEO on earnings miss, trimmed guidance

CNBC Television
4:06 min
Oct 17, 2024
Hinrichs: More clarity and certainty needed around trade talks thumbnail

Hinrichs: More clarity and certainty needed around trade talks

CNBC Television
5:29 min
Apr 30, 2025
CSX CEO: Anticipating more demand for thermal coal as cost-benefit relationship changes thumbnail

CSX CEO: Anticipating more demand for thermal coal as cost-benefit relationship changes

CNBC Television
4:34 min
Jan 24, 2025