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JACKSONVILLE, Fla., May 21, 2019 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced the appointment of Farrukh A. Bezar as senior vice president and chief strategy officer.
Bezar will lead the development of strategic initiatives that support CSX’s intensified focus on growth and adding value for its customers and shareholders. His appointment is effective May 29, and he will report to Jim Foote, president and chief executive officer. Bezar joins CSX with over 25 years of strategic leadership experience in the transportation and logistics industry.
“Farrukh’s tremendous depth of experience will enable us to accelerate the development and execution of initiatives that address our customers’ transportation needs and drive profitable, sustained growth for our organization,” said Foote. “Farrukh is a highly skilled leader who further strengthens CSX’s talented management team as we strive to solidify our position as the best run railroad in North America.”
Bezar most recently served as founder and managing partner of Lynwood Partners, a leading transportation and logistics advisory firm. Prior to Lynwood, Bezar served in senior leadership roles within the transportation and logistics functions at Clarendon, Booz Allen Hamilton, and A.T. Kearney. He previously held sales and marketing positions at the Atchison, Topeka and Santa Fe Railway Company and served as a financial analyst with Chase Manhattan Bank.
Bezar received a BA in Economics and Political Science from Northwestern University and an MBA in Management, Marketing and Transportation from the J.L. Kellogg Graduate School of Management at Northwestern University.
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 nearly 200 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 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).
Bill Slater, Investor Relations
Bryan Tucker, Corporate Communications
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dcc8ce4-41d9-40a4-97c8-d3cc53f82ffc