CSX CEO Hunter Harrison has passed away at age 73, the freight rail company confirmed in a statement Saturday. "It is with great sadness that we announce that E. Hunter Harrison, President and Chief Executive Officer of CSX, died today in Wellington, Fla., due to unexpectedly severe complications from a recent illness," the company said. Harrison had taken medical leave on Thursday, sending shares of the third largest U.S. rail company tumbling in pre-market trading. "With the passing of Hunter Harrison, CSX has suffered a major loss," board chairman Edward Kelly said. Harrison served as CSX's CEO for less than year.

Source: Wall Street Journal December 16, 2017 19:59 UTC