Joseph R. Hinrichs

President and Chief Executive Officer at CSX Corp

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 Corp

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

Organization	Role	Date Range	Details
Ford Motor Company	President of Ford's Global Automotive Business	2019–2020	Oversaw global operations and the Ford and Lincoln brands
Ford Motor Company	President of Global Operations	2017–2019	N/A
Ford Motor Company	President of the Americas	2012–2017	N/A
Ford Motor Company	President of Asia Pacific and Africa	2009–2012	N/A
Ford Motor Company	Chairman and CEO of Ford China	N/A	N/A
Ford Motor Company	Chairman and CEO of Ford Canada	N/A	N/A
Ryan Enterprises	Partner and Senior Vice President	N/A	Oversaw investments in small entrepreneurial businesses
General Motors	Engineer and Management Roles in Engineering and Manufacturing Leadership	1989–1999	Began his career as an engineer and advanced into management roles
Rivian Automotive, Inc.	Board Member	N/A	Served on the board
Ford Motor Credit Company	Board Member	N/A	Served on the board
Ascend Wellness Holdings	Board Member	N/A	Served on the board

External Roles

Organization	Role	Date Range	Details
Exide Technologies	Chairman of the Board of Directors	N/A	Battery manufacturer and provider of advanced energy solutions
The Goodyear Tire & Rubber Company	Member of the Board of Directors	N/A	N/A
First Move Capital	Venture Partner	N/A	Investment firm
Luminar Technologies	Automotive Advisory Board Member	N/A	Global automotive technology company
microDrive	Strategic Advisor	N/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
Salary	1,400,000	Annual	Annual base salary
All Other Compensation	259,200	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 Date	February 15, 2023
Grant Date Fair Value	8,000,032
Grant Date Stock Price	31.67
Vesting Schedule	RSUs: 1/3 vests on February 15, 2024; Remaining ratably on February 15, 2025 and 2026
Performance Metrics & Targets	Not 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)

Detail	Value/Details [Sources]
Grant Date	February 15, 2023
Grant Date Fair Value	2,000,003
Grant Date Stock Price	31.67
Vesting Schedule	1/3 becomes exercisable on February 15, 2024; Remaining ratably on February 15, 2025 and 2026
Performance Metrics	None – vesting is solely time-based

Non-Equity Incentive Plan Compensation

Detail	Value/Details [Sources]
Target Incentive Opportunity	150% of base salary
Payout Structure	Threshold: 2.5% of Target; Target: 100% of Target; Maximum: 200% of Target
Actual Payout	115% Company payout
Evaluation Period	2023 (implied)
Additional Performance Metrics	No further performance conditions or goals specified

Interviews

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

CSX6:13 minJan 24, 2025

CSX

6:13 min

Jan 24, 2025

Joseph R. Hinrichs

Also at CSX Corp

About

$CSX Performance Under Joseph R. Hinrichs

Past Roles

External Roles

Fixed Compensation

Performance Compensation

Stock Awards (Performance-Based)

Option Awards (Time-Based)

Non-Equity Incentive Plan Compensation

Interviews

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

CSX CEO Joe Hinrichs on CNBC's Mad Money

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

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

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

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

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

CSX CEO Joe Hinrichs Joins CNBC's Worldwide Exchange

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

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

Transportation Talks - Joe Hinrichs, President & CEO of CSX

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

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

CSX CEO Joseph Hinrichs on Q1 earnings

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

Joe Hinrichs, CEO CSX: A Profile in Purpose Leadership

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

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

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

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

CSX CEO on earnings miss, trimmed guidance

Hinrichs: More clarity and certainty needed around trade talks

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