Veteran Executive Steve Angel Takes Helm at CSX, Aims to Boost Safety and Service

On September 28, 2025, CSX Corporation, a major U.S. railroad company, announced the appointment of Steve Angel as its new President and Chief Executive Officer. Angel, who will also join CSX's board of directors, brings over 45 years of executive leadership experience to the role.

Prior to joining CSX, Angel served as CEO of Linde plc from 2018 to 2022 following its merger with Praxair, where he was CEO from 2007 to 2018. He began his career at General Electric, working directly with locomotive and rail operations.

In his new role, Angel stated that his top priorities will be to ensure the safety of the railroad and its employees, deliver reliable service to customers, and increase value for shareholders. CSX Chairman John Zillmer expressed confidence in the new appointment, noting that the board conducted "a very targeted process" in selecting Angel.

The Jacksonville-based transportation company stated that its operating performance remains strong, and it continues to expect full-year volume growth. While the company did not provide specific financial projections, data shows CSX has maintained dividend payments for 45 consecutive years and currently offers a dividend yield of 1.53%. Analysts maintain a bullish consensus on the stock, with price targets ranging from $27 to $43 per share.