Munoz replaces David Brown, who is no longer with the company
"Oscar Munoz is a proven leader who has been an integral part of creating the company's vision and success," said Michael Ward, chairman, president and chief executive officer. "He brings tremendous business skills, a disciplined approach and a passion for superior results."
Succeeding Munoz as chief financial officer is Fredrik Eliasson, a 16-year veteran CSX executive.
"Fredrik brings broad senior leadership experience and a track record of success in key financial and commercial roles," said Ward. "He has invaluable insight into creating value for shareholders and customers, as well as clear focus and skill in business execution."