Sudden Loss at CSX
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 December 2017
⏱️ 17 minutes
🧾️ Download transcript
Summary
Just days after taking a medical leave of absence, CSX announced that CEO Hunter Harrison has died. Taylor Muckerman discusses Harrison’s life as an industry titan, and how crucial he was to the recent success of CSX. Plus, we analyze the challenges facing movie theaters and get Taylor’s pick for CEO of the year. MarketFoolery’s holiday music marathon rolls on with a little help from Tom Waits.
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Transcript
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| 0:00.0 | Thanks to Slack for supporting this episode of Market Foolery. |
| 0:02.3 | Slack is a messaging app that brings together all your team's |
| 0:05.1 | communications in one place, making work simpler and more productive. |
| 0:08.7 | Go to Slack.com to learn more. |
| 0:14.8 | It's Monday, December 18th. Welcome to Market Flory. |
| 0:15.8 | I'm Chris Sel joining me in studio from Stock Advisor Canada, Taylor Markerman. |
| 0:20.3 | One week to Christmas. |
| 0:21.3 | It's almost here, man. |
| 0:22.4 | All your shopping done? |
| 0:23.4 | Mostly. Yes. Congratulations. I'm not. I'm working my way up to mostly. |
| 0:28.8 | Yeah, I might have to make a few pit stops on the drive down to North Carolina Friday, |
| 0:32.4 | but we'll see. |
| 0:34.4 | We're going to do a little bit of a look back on 2017, but there is news, of course, and we're |
| 0:40.0 | going to start with the sad news from CSX, the railroad company. |
| 0:46.7 | CEO Hunter Harrison has died following complications from a recent illness and on just |
| 0:51.8 | on Friday CSX announced that Harrison was going to be taking |
| 0:56.5 | a medical leave of absence and Jim Foote, the chief operating officer, was named acting CEO. |
| 1:04.0 | I remember when we first talked about Hunter Harrison coming to CSX. |
| 1:11.0 | Sure, yeah. |
| 1:12.0 | And one of the things you had said was well he's got this amazing track record in the industry |
| 1:17.3 | Yeah he is older I believe he was 73 he was 73 he was 73 yes I didn't realize that he was ill. Yeah no you know they didn't really make it publicly known because when |
| 1:28.1 | CSX brought him on board they had |
... |
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