Ron Conway resigns

Chesapeake and Ohio Historical Magazine, May 2000

Lexington, Ky. Herald Leader, April 12, 2000

CSX Corp. said yesterday that its president, Ronald J. Conway, has resigned and his duties will be assumed by John W Snow, the company's chairman and chief executive officer. Conway's resignation comes as CSX faces a financial squeeze from its takeover of Conrail. It has high debt and has seen profits tumble as a result of freight congestion and other problems stemming from the merger. In addition, federal officials earlier this month reported serious track defects on several key CSX routes as well as a lack of quality control in the company's track maintenance and inspection programs.