Joseph R. Hinrichs

Last updated
Joseph R. Hinrichs
Born1966
Columbus, Ohio, United States
NationalityAmerican
Education University of Dayton (BS, 1989)
Alma mater Harvard Business School (MBA, 1994)
OccupationExecutive
Employer CSX Corporation

Joseph R. Hinrichs (born 1966 in Columbus, Ohio) [1] is an American business executive who is the president and chief executive officer (CEO) of CSX Corporation. He previously served as president of Ford Motor Company's global automotive business, where he oversaw the Ford and Lincoln brands and managed operations across multiple continents. [2]

Contents

Hinrichs began his career as an engineer at General Motors before moving into leadership roles at Ford. He became CEO of CSX in 2022, [3] where his tenure has been marked by mixed financial performance and the ONE CSX initiative that some industry figures have claimed to be ineffective [4] [5] .

In addition to his corporate roles, Hinrichs has served on the boards of several companies and industry organizations, and was named Railway Age’s Railroader of the Year in 2025. [6]

Early life and education

Hinrichs was born in 1966 in Columbus, Ohio, United States [1] and grew up in Fostoria, Ohio. [7] He graduated with a Bachelor of Electrical Engineering magna cum laude from the University of Dayton in 1989 [8] [9] and earned an MBA from Harvard Business School in 1994. [10] [1]

Career

In 1989, Hinrichs began working at General Motors as an engineer and subsequently became a plant manager. He worked at Ryan Enterprises Group in Chicago [1] from 1998 to 2000 and later managed Ford's Van Dyke transmission plant in Sterling Heights, Michigan. [11]

Hinrichs previously served as President of Ford Motor Company's global automotive business, where he oversaw the Ford and Lincoln brands. [2] [12] Throughout the late 2000s and 2010s, he managed Ford's operations across various continents. [1] At Ford, Hinrichs oversaw about 200,000 employees and 10,000 Ford and Lincoln dealers worldwide. During his tenure, he negotiated four successful contracts with the United Auto Workers while General Motors experienced two strikes in the same period. [13] [5]

Hinrichs retired from Ford in February 2020 at the age of 53, receiving a $5 million bonus. [14] [15] Media reports indicated the departure was linked to a management reorganization after poor fourth-quarter results, and some sources suggested it was not entirely voluntary [16] [14] . Former CEO Mark Fields had reportedly tried to dismiss Hinrichs in 2017 shortly before Fields himself was removed.

In 2022, he became the president and CEO of CSX Corporation. [17] [18] Through the ONE CSX initiative, he has attempted to improve relations with workers [19] , though reactions have been mixed. According to Comparably, as of September 2025, he ranks in the bottom 5% of CEOs at companies with more than 10,000 employees with only 43% of CSX employees saying they would recommend the company to a friend [20] . Some critics have described his employee engagement efforts as limited or primarily focused on public relations [5] .

Challenges

Hinrichs has faced major infrastructure challenges during his tenure at CSX, including over $400 million in reconstruction costs in eastern Tennessee following Hurricane Helene, as well as impacts from the Baltimore Key Bridge collapse and other severe weather events. [6] [19] [21]

Financial results

Under Hinrichs' leadership, CSX has reported mixed financial outcomes. In 2024, the company posted a revenue of $14.54 billion, a 0.8% decline from 2023. Operating income fell 5% to $5.25 billion, while net income declined to $3.47 billion ($1.49/share) from $3.67 billion ($1.82/share) the previous year. CSX's stock price reached $37.67 in March 2024, before decreasing to $35.43 in August 2025. [22] [4] [23]

Affiliations

Hinrichs is advisor and board member at companies such as Goodyear, [24] Exide Technologies, [25] Luminar Technologies, microDrive, and First Move Capital. [26] Additionally, he serves on the boards of the US-China Business Council and Climate Leadership Council. [27]

Recognition

In 2015, the governor of Kentucky named Hinrichs as a Kentucky Colonel. [27]

He was awarded Railway Age’s 2025 Railroader of the Year. [6]

References

  1. 1 2 3 4 5 Laing, Keith. "Hinrichs to become Ford's president of global ops". The Detroit News.
  2. 1 2 "Joe Hinrichs Archives | Ford Authority".
  3. Shepardson, David (2022-09-15). "Rail operator CSX names former Ford president Hinrichs as CEO". Reuters.
  4. 1 2 "CSX Revenue 2010-2025". MacroTrends. 2025-06-30. Retrieved 2025-09-05.
  5. 1 2 3 "CSX CEO makes progress mending fences with employees: Analysis". Trains. 2025-02-19. Retrieved 2025-08-11.
  6. 1 2 3 Vantuono, William C. (2025-01-07). "2025 Railroader of the Year: CSX's Joe Hinrichs". Railway Age. Retrieved 2025-08-11.
  7. Ludwig, Chris. "In Profile: Joe Hinrichs". Automotive Logistics.
  8. "Special Achievement Award : University of Dayton, Ohio". udayton.edu.
  9. "Life Lessons from Joe Hinrichs". University of Dayton. February 27, 2014.
  10. "Alumni - Harvard Business School". alumni.hbs.edu.
  11. "Joe Hinrichs: From factory floor to Ford's top tier". autonews.com.
  12. "Joe Hinrichs Archives | Bloomberg".
  13. "CSX Corporation - ESG - Governance - Board of Directors - Person Details". investors.csx.com. Retrieved 2025-08-20.
  14. 1 2 "Ford shakes up its C-suite after $1.7 billion quarterly loss". NBC News. 2020-02-07. Retrieved 2025-08-11.
  15. "Former Ford CEO Fields attempted to fire Hinrichs days before being fired". Autoweek. 2017-06-01. Archived from the original on 2022-05-28. Retrieved 2025-08-11.
  16. Isidore, Chris (2020-02-07). "Ford shakes up management after giving a dreadful outlook". CNN. Retrieved 2025-08-11.
  17. Smith, Kevin (September 16, 2022). "CSX confirms Joseph Hinrichs as new president and CEO". International Railway Journal.
  18. Vantuono, William C. (2024-11-06). "CSX President and CEO Joe Hinrichs Named Railway Age 2025 Railroader of the Year". Railway Age. Retrieved 2025-09-05.
  19. 1 2 "For CSX, 2025 is shaping up to be a 'transformative year,' Hinrichs tells NARS attendees - RailPrime - ProgressiveRailroading". RailPrime. Retrieved 2025-08-11.
  20. "Joseph R. Hinrichs CSX Corporation CEO Rating". Comparably. Retrieved September 17, 2025.
  21. "CSX Corp. Announces Fourth Quarter and Full Year 2024 Results". investors.csx.com. Retrieved 2025-08-11.
  22. "CSX Corp. Announces Fourth Quarter and Full Year 2024 Results". investors.csx.com. Retrieved 2025-08-20.
  23. "45 Year Stock Price History". MacroTrends. 2025-09-04. Retrieved 2025-09-05.
  24. "Board of Directors | Goodyear Corporate". corporate.goodyear.com.
  25. "Board of Directors | Exide". www.exidegroup.com.
  26. "Joe Hinrichs | First Move Capital". FM Capital.
  27. 1 2 "CSX.com - Joseph R. Hinrichs Biography". www.csx.com.