Edward Kelly - CSX Presiding Independent Director

CSX Stock  USD 34.34  0.05  0.15%   

Director

Mr. Edward J. Kelly is no longer Independent Chairman of the Board of the Company, with effect from January 2019. He is no longer Presiding Independent Director of the Company, with effect from May 31, 2017 . Mr. Kelly retired as Chairman of the Institutional Clients Group at Citigroup, Inc. in July 2014. He joined Citigroup, Inc. in 2008, and served at various points as Vice Chairman, Chief Financial Officer and Head of Global Banking at Citigroup, among other roles. Mr. Kelly previously served as Managing Director at The Carlyle Group and Vice Chairman of The PNC Financial Services Group, Inc. following PNCs acquisition of Mercantile Bankshares Corporation in March 2007. At Mercantile, Mr. Kelly held the offices of Chairman, Chief Executive Officer and President from March 2003 until March 2007, and was Chief Executive Officer and President from March 2001 to March 2003. Before joining Mercantile, Mr. Kelly served as Managing Director and cohead of Investment Banking Client Management at J.P. Morgan Chase and Managing Director and Head of Global Financial Institutions at J.P. Morgan. Previously, Mr. Kelly was General Counsel at J.P. Morgan and a partner at the law firm of Davis Polk Wardwell LLP, where he specialized in matters related to financial institutions. Early in his career, Mr. Kelly served as a law clerk to Supreme Court Justice William J. Brennan, Jr. and U.S. Court of Appeals Judge Clement F. Haynsworth, Jr. Mr. Kelly previously served on the boards of directors for The Hartford Financial Services Group, The Hershey Company and Paris RE Holdings. since 2017.
Age 64
Tenure 7 years
Address 500 Water Street, Jacksonville, FL, United States, 32202
Phone904 359 3200
Webhttps://www.csx.com
Kelly previously served as a Managing Director at The Carlyle Group and Vice Chairman of The PNC Financial Services Group, Inc. following PNC’s acquisition of Mercantile Bankshares Corporationration in March 2007. At Mercantile, Mr. Kelly held the offices of Chairman, Chief Executive Officer and President from March 2003 until March 2007, and was Chief Executive Officer and President from March 2001 to March 2003. Before joining Mercantile, Mr. Kelly served as Managing Director and cohead of Investment Banking Client Management at J.P. Morgan Chase and Managing Director and Head of Global Financial Institutions at J.P. Morgan. Previously, Mr. Kelly was General Counsel at J.P. Morgan and a partner at the law firm of Davis Polk & Wardwell, where he specialized in matters related to financial institutions. Early in his career, Mr. Kelly served as a law clerk to Supreme Court Justice William J. Brennan, Jr. and U.S. Court of Appeals Judge Clement F. Haynsworth, Jr.

CSX Management Efficiency

The company has Return on Asset of 0.0818 % which means that on every $100 spent on assets, it made $0.0818 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2904 %, implying that it generated $0.2904 on every 100 dollars invested. CSX's management efficiency ratios could be used to measure how well CSX manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CSX's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.09 in 2024, whereas Return On Capital Employed is likely to drop 0.07 in 2024. At this time, CSX's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to rise to about 190.1 M in 2024, whereas Total Assets are likely to drop slightly above 27 B in 2024.
The company has 19.09 B in debt with debt to equity (D/E) ratio of 1.4, which is OK given its current industry classification. CSX Corporation has a current ratio of 1.69, which is typical for the industry and considered as normal. Debt can assist CSX until it has trouble settling it off, either with new capital or with free cash flow. So, CSX's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CSX Corporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CSX to invest in growth at high rates of return. When we think about CSX's use of debt, we should always consider it together with cash and equity.

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CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida. CSX Corp operates under Railroads classification in the United States and is traded on NASDAQ Exchange. It employs 21946 people. CSX Corporation (CSX) is traded on NASDAQ Exchange in USA. It is located in 500 Water Street, Jacksonville, FL, United States, 32202 and employs 23,400 people. CSX is listed under Ground Transportation category by Fama And French industry classification.

Management Performance

CSX Corporation Leadership Team

Elected by the shareholders, the CSX's board of directors comprises two types of representatives: CSX inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CSX. The board's role is to monitor CSX's management team and ensure that shareholders' interests are well served. CSX's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CSX's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven Halverson, Independent Director
Fredrik Eliasson, Chief Sales and Marketing Officer and Executive VP
Michael Cory, Executive COO
Clark Robertson, Vice President - Chemicals
Donna Alvarado, Independent Director
Clarence Gooden, President
Gilbert Lamphere, Independent Director
Linda Riefler, Independent Director
Donald Shepard, Independent Director
John Breaux, Independent Director
Ricky Johnson, Vice President - Engineering
Carolyn Sizemore, Vice President Controller
Cynthia Sanborn, Executive Vice President - Operations
Angela Williams, Vice President Controller
Shantel Davis, Vice President of Real Estate and Facilities Management
Tim McNulty, Vice President - Agriculture
Jamie Boychuk, Ex Operations
Kathleen Brandt, Senior Vice President CIO
Paul Hilal, Vice Chairman of the Board
Arthur Adams, Vice President of Sales and Customer Engagement
Shon Yates, Vice President of coal
James Schwichtenberg, Vice President and Chief Safety Officer
Frank Lonegro, CFO and Executive VP
Dean Piacente, Vice President - Intermodal
Steve Fortune, Chief VP
Diana Sorfleet, Executive Vice President Chief Administrative Officer
David Ratcliffe, Independent Director
Drew Glassman, Vice President - Strategy
Nathan Goldman, Executive Vice President and Chief Legal Officer, Corporate Secretary
Timothy OToole, Independent Director
Brian Barr, Senior Vice President - Engineering and Mechanical
Bill Slater, Head Relations
Hunter Harrison, President CEO, Director
Maryclare Kenney, Vice President - Intermodal and Automotive
Mark Wallace, Executive Vice President of Sales and Marketing
Cressie Brown, CEO, Senior Vice President
Edmond Harris, Executive Vice President - Operations
Farrukh Bezar, Senior Vice President and Chief Strategy Officer
Pamela Carter, Independent Director
Michael Ward, Chairman, CEO and Chairman of Executive Committee
David Baggs, Vice President - Capital Markets, Investor Relation Officer
Steven Whisler, Independent Director
William Russell, Vice President - Tax
John Zillmer, Independent Director
Dennis Reilley, Independent Director
John McPherson, Independent Director
Casey Albright, Senior Design
James Foote, Advisor
Kevin Boone, Vice President of Marketing and Strategy
Ellen Fitzsimmons, Executive VP of Law and Public Affairs, General Counsel and Corporate Secretary
David Moffett, Independent Director
Andrew Glassman, Vice President - Strategy, Controller
Joseph Hinrichs, CEO President
Michael Rutherford, Vice President - Industrial Products
Stephen Fortune, Chief VP
Edward Kelly, Presiding Independent Director
Sean Pelkey, Executive CFO
Lisa Mancini, Chief Administrative Officer, Senior Vice President
John Fall, Senior Director of Revenue and Strategy

CSX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CSX a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CSX

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CSX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CSX will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSX Stock

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Moving against CSX Stock

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The ability to find closely correlated positions to CSX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CSX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CSX Corporation to buy it.
The correlation of CSX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CSX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSX Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CSX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running CSX's price analysis, check to measure CSX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.
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Is CSX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CSX. If investors know CSX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CSX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
0.45
Earnings Share
1.83
Revenue Per Share
7.375
Quarterly Revenue Growth
(0.01)
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CSX's market value can be influenced by many factors that don't directly affect CSX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.