Daily Record Financial News &
TUESDAY, FEBRUARY 21, 2017
Vol. 104, No. 071 • oNe SectioN
35¢ www.jaxdailyrecord.com
Michael Ward retiring from CSX
Company president also stepping down effective May 31
By Mark Basch Contributing Writer As discussions continue about the future leadership of CSX Corp., the Jacksonville-based railroad company announced Tuesday morning that Chairman and CEO Michael Ward will retire effective May 31. CSX President Clarence Gooden will also retire May 31, the company said. Executive Vice President
Ward
Baptist Medical Center Beaches is considering a $30 million expansion of its surgery center. According to Jarret Dreicer, assistant administrator of operations, the expansion would enlarge and upgrade operating rooms and more than double the size of pre- and post-operative areas. Dreicer also said it would provide a new and convenient Emergency Department entrance with a modernized and comfortable waiting room. The medical center is at 1350 13th Ave. S. in Jacksonville Beach. If approved, construction would begin this summer. The contractor would be Brasfield & Gorrie General Contractors. Dreicer said construction should take less than two years. Before construction can begin, the Baptist Medical Center Beaches Board, the Baptist Health Finance Committee and the Baptist Health Board must approve the project, he said. Dreicer said the current operating room dates back to 1988. He said modern surgery is complex, requiring more space, equipment and staff. Each operating room would be more than 550 square feet and “universal,” meaning the rooms could accommodate all types of surgery, he said. There also would be larger, private pre-operative bays with natural light that Dreicer said would provide a comfortable patient experience. The St. Johns River Water Management District gave notice it intends to grant a permit for the project. Those plans show the medical center proposes a 33,350-square- foot expansion along with a minor parking reconfiguration. Dreicer said the square footage has not been determined. The site is developed with the main hospital building, several smaller medical office buildings and a large surface parking lot, according to the Water Management MATHIS
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Special to the Daily Record
Baptist considers expansion of $30M
Fredrik Eliasson was promoted to president to replace him, but no CEO was named. Former Canadian Pacific Railway Ltd. CEO Hunter Harrison has been negotiating with CSX’s board of directors to possibly become chief executive. However, talks have snagged over Harrison’s compensation package, as well as the make-up of the board of directors. CSX said last week that hedge fund Mantle Ridge, which is
working with Harrison, wants six of 14 seats on CSX’s board. “The changes are part of an orderly transition of the company’s senior leadership that the board has been considering for more than a year,” CSX said in a news release Tuesday. “The appointment of Mr. Eliasson as president is not intended to pre-empt or otherwise affect any discussions CSX may continue to have with Mr. Hunter Harrison and Mantle Ridge regarding
Mr. Harrison becoming the CEO at CSX,” the release said. CSX plans to hold a special meeting to let shareholders decide if they want to accept Harrison’s and Mantle Ridge’s demands. Ward, 66, had planned to retire in 2016 before his heir apparent, then-CSX President Oscar Munoz, left to become CEO of United Continental Holdings Inc. When Munoz left in September 2015, Ward agreed to stay on as CEO for three more years.
Caitlin Doherty with her children, Jessie-Ellen and Thomas, on the riverwalk during the family’s visit to Jacksonville. Doherty accepted the job as director of the Museum of Contemporary Art Jacksonville. She begins March 20.
Lifetime of love and teaching art
New director for MOCA believes Downtown museum poised for growth
By Marilyn Young Editor Caitlin Doherty’s childhood was filled with the arts. Family vacations — or holidays, as the Scotland native calls them — were spent in and out of museums. Art was absolutely fundamental to everything. Doherty loved drawing and painting, but admits her brothers “are infinitely better artists than me.” When it came time to decide between art college or a university, she chose the latter and earned master’s degrees in art history and museum and gallery studies in Scotland. “At the time, I thought it was very normal that your parents would encourage
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you to follow your heart and education and life, instead of saying you must go study ‘X’,” Doherty said. That freedom to choose led her to become a teacher and gallery director in Ireland, exhibition and speaker curator in Qatar and chief curator in Michigan. She collaborated with universities along the way, encouraging and developing the next generation of artists. Doherty is bringing that wide breadth of experience next month to the Museum of Contemporary Art Jacksonville, where she will take over as director. Her parents’ encouragement proved to be true: “You go study what sets you on fire, using your heart and you’ll do good.”
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