Alvin R. "Pete" Carpenter, head of marketing for CSX Transportation Inc., has been named president and chief executive officer of the railroad, succeeding Robert L. Kirk, who will become CSXT's chairman.
Mr. Kirk, 62, a newcomer to the railroad industry, arrived at CSX from the aerospace industry less than two years ago. His charge was to develop a strategic plan and conduct a review of the organizational structure.
Mr. Kirk's elevation to chairman returns the railroad to control of lifelong railroad executives. Mr. Carpenter, 49, joined CSX in 1964. He has held a variety of positions in both the operating and marketing divisions. Since 1989, Mr. Carpenter has been head of sales and marketing.