On March 6, 2017, CSX Corporation announced the Company has named E. Hunter Harrison as chief executive officer, effective immediately. The Company also announced that it has reached an agreement with Mantle Ridge LP to reconstitute the Company’s Board of Directors. Under the terms of the agreement, CSX Corp has appointed 5 new directors to its Board of Directors, mutually agreed upon by CSX Corp and Mantle Ridge and effective immediately: Hunter Harrison, Paul Hilal, Dennis Reilley, Linda Riefler and John Zillmer. In addition, 3 incumbent directors intend to complete their service for the Board at or before the conclusion of the 2017 annual meeting. As a result, the size of the Board will be 13 members. CSX’s current Presiding Director, Edward J. Kelly, will become Chairman of the Board and Paul Hilal will become Vice Chairman.