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CSX names new vice presidents

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CSX Corp. yesterday named three new corporate vice presidents. The corporation is headquartered in the River City.

Described as three veteran leaders of the company, the trio came from other jobs within the company.

Dean Piacente is the new vice president of finance. He is currently vice president of chemicals and fertilizer, In his new role, he will be directly responsible for the overall financial management of the corporation, which includes budgeting, capital planning, forecasting, financial analysis and interfacing with business partners.

Piacente holds a bachelor’s degree from Florida State Univ. and earned a Certificate in Business Excellence at Columbia Univ.

•Fredrik Eliasson has been named vice president of chemicals and fertilizer, responsible for CSX’s commercial activities in the chemicals, phosphates and fertilizers markets. He moves up from vice president of emerging markets.

Eliasson holds a bachelor’s degree and an MBA from Virginia Commonwealth Univ.

Derrick Smith returns to the sales and marketing department as vice president of emerging markets. In this role he will be responsible for CSX’s commercial activities in the aggregates, processed materials, waste, military and machinery markets. He was formerly vice president of finance.

He also will have responsibility for TRANSFLO, CSX de Mexico, regional development, inside sales and international traffic through eastern and Gulf Coast ports. Smith holds a bachelor’s degree from Carnegie-Mellon Univ. and an MBA from Columbia Univ. He is also a graduate of the Advanced Management Program, Harvard Business School.

“These changes are consistent with our tradition of building a strong, broad-based leadership organization focused on customer and employee excellence,” said Michael J. Ward, CSX chairman, president and CEO.

He added, “Dean, Fredrik and Derrick are exemplary leaders of CSX. Each brings a variety of experiences and strengths to his role.”

Piacente will report to Oscar Munoz, executive vice president and chief financial officer. Eliasson and Smith will report to Clarence Gooden, executive vice president and chief commercial officer.

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