CSX Corporation has appointed Kevin Boone as chief financial officer, effective October 29, 2025, replacing Sean Pelkey. Boone previously served as CFO during the pandemic and returned to the role after a stint as chief commercial officer.
The company also promoted Maryclare Kenney to senior vice president and chief commercial officer. Kenney has spent nearly 14 years at CSX, leading sales, marketing, and the TRANSFLO and automotive divisions, and brings a military leadership background.
The appointments come after CSX reported its third‑quarter 2025 earnings on October 16. The company posted operating income of $1.09 billion and net earnings of $694 million ($0.37 per share), with adjusted net earnings of $818 million ($0.44 per share). Revenue for the quarter was $3.59 billion, a 1 % decline year‑over‑year, driven by lower export coal prices and reduced merchandise volume, partially offset by intermodal growth.
Management said the changes reinforce CSX’s focus on financial discipline and commercial expansion. Boone’s return is intended to strengthen capital allocation and navigate economic volatility, while Kenney’s promotion is aimed at accelerating customer‑centric initiatives across the rail network.
CSX’s segment performance shows freight revenue of $2.8 billion, intermodal revenue of $0.6 billion, and other services revenue of $0.3 billion. The company continues to pursue operational excellence under CEO Stephen Angel, who took the helm in September 2025.
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