How Angel was paid
$11.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Stephen F. AngelPresident and Chief Executive Officer | $386,364 | $5,385,342 | $5,248,065 | $513,863 | — | $177,978 | $11,711,612 |
| Kevin S. BooneExecutive Vice President and Chief Financial Officer | $747,917 | $2,527,360 | $630,000 | $568,417 | $159,396 | $54,969 | $4,688,058 |
| Michael A. CoryExecutive Vice President and Chief Operating Officer | $757,083 | $2,527,360 | $630,000 | $575,383 | — | $2,365,655 | $6,855,481 |
| Stephen FortuneExecutive Vice President and Chief Digital & Technology Officer | $668,333 | $1,865,419 | $465,008 | $507,933 | — | $77,281 | $3,583,974 |
| Diana B. SorfleetRetired Executive Vice President and Chief Administrative Officer | $588,333 | $1,865,419 | $465,008 | $402,420 | $160,430 | $44,691 | $3,526,301 |
| Joseph R. HinrichsFormer President and Chief Executive Officer | $1,113,636 | $10,029,002 | $2,500,008 | $1,481,137 | — | $8,572,670 | $23,696,453 |
| Sean R. PelkeyFormer Executive Vice President and Chief Financial Officer | $604,257 | $2,206,389 | $550,008 | $459,235 | $139,238 | $304,209 | $4,263,336 |
What changed and why
- $11.7MStephen F. Angel received total compensation of $11,711,612 following his appointment as President and CEO.
- $23.7MFormer CEO Joseph R. Hinrichs received total compensation of $23,696,453, which included severance and separation-related items.
- 76%The 2025 short-term incentive compensation plan was paid at 76% of target based on Company performance.
- $2.4BCSX distributed nearly $2.4 billion to investors through dividends and share repurchases in 2025.
- $1.8BFree cash flow reached approximately $1.8 billion while total revenue declined 3% to $14.1 billion.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.