CSX Corp. said Sept. 29 that President and CEO Joe Hinrichs has left the company, with former Linde CEO Steve Angel appointed as his replacement.

Hinrichs, a former executive with Ford Motor Co., joined CSX three years ago.

The Jacksonville-based railroad company gave no reason for Hinrichs’ departure in a news release.

Hinrichs had recently come under fire from activist investment firm Ancora Holdings Group, which called for his resignation.

With Union Pacific Corp. and Norfolk Southern Corp. announcing a merger agreement in July to create a transcontinental railroad, Ancora has called for CSX to seek a merger of similar size to remain competitive.

However, CSX has announced several agreements in recent weeks to provide connecting services with other railroads, and Hinrichs said coop

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