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Originally published on Apple Podcasts

Create More Value Podcast: Sean Pelkey shares the Great Success Story of CSX

The “Create More Value” podcast is a series of conversations with senior executives, board members, and other experts on how they were able to create exceptional value for their companies. These lessons can help leaders embrace better insights, decisions, and corporate culture to drive long-term results for all of their stakeholders. We cover a wide range of subjects, from corporate strategy to governance to best practices for boards and managements alike.

Apple Podcast ● YouTube ● Highlight Reel

Sean Pelkey, CFO of CSX Corporation, discusses the railroad company’s stunning transformation in the face of stark headwinds and a devastating loss of business as the coal industry collapsed in the early 2010s. Starting in 2017, CSX effectively tripled its share price over five years. Now, the company is shifting from efficiency to a profitable growth mindset. In Q1 2024, their share price hit an all-time high, reflecting this strategy’s early success.

Behind this cultural shift towards growth was a renewed focus on differentiated service offerings and a unique measure that fosters a shared goal of value creation. Sean and Greg’s discussion highlights leading through change, balancing competing metrics, and strategic capital allocation, while showcasing how determined leadership can thrive, even in tough circumstances.

The podcasts is also available on other platforms, including Pandora, Stitcher, and Amazon.

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