Sundar PichaiSundar Pichai earned $164M in 2023
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James M. Foote

Ex-CEO of CSX

Education

Bachelor's degree in Business Administration from the University of Michigan

Field of Expertise

Business & Management

Born

December 15, 1954 - 70 years ago

Economy Sector

Industrials

Tenure

4 years 9 months (Dec 2017 - Sep 2022)

Previous Experience

President and Chief Executive Officer of Bright Rail Energy, Inc.

James M. Foote has been at the helm of CSX Corporation since December 2017, stepping in right after the sudden passing of E. Hunter Harrison. He came to CSX with extensive experience, previously serving as CEO of Bright Rail Energy...

Year

2022

Total Compensation

$23.15M

Salary

$1.55M

Board Justification

The compensation philosophy of CSX Corporation aims to align executive compensation with company performance, focusing on shareholder value creation and retention strategies.

Bonus

$4.10M

Board Justification

Annual bonus for 2022 based on actual performance in accordance with the Company’s Management Incentive Compensation Plan (MICP).

Other

$0.00

Board Justification

No other compensation was paid out in 2022.

Restricted Stock

$17.51M(575.36K RSU)

Board Justification

Shares acquired through stock awards include performance units paid out pursuant to the 2020-2022 LTIP and restricted stock units vested in February 2022 pursuant to the 2019-2021 LTIP.

Performance Metrics

The performance metrics for the CEO's compensation include operating income, operating ratio, and initiative-based revenue growth, among others.