Ancora Issues Statement on the CSX Board's Decision to Heed Shareholder Feedback and Initiate a CEO Change

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora†or "we†), a shareholder of CSX Corp. (NASDAQ: CSX) ("CSX†or the "Company†), today issued the below statement. Fredrick D. DiSanto, Chairman and Chief Executive Officer of Ancora Holdings Group LLC, and James Chadwick, President of Ancora Alternatives LLC, commented: "We applaud the CSX Board of Directors for heeding shareholder feedback and terminating former CEO Joe Hinrichs. This follows Ancora. ...