CALGARY, June 29, 2012 /CNW/ - Canadian Pacific Railway (TSX: CP) (NYSE:
CP) today announced the appointment of Hunter Harrison as CP's
president and chief executive officer and a member of the Board of
With nearly 50 years of railroad experience, Mr. Harrison previously
served as the president and CEO of Canadian National Railway Company
("CN") and, prior to that, as president & CEO of Illinois Central
"Following a thorough CEO selection process, the Board of Directors has
endorsed and appointed Mr. Harrison as CP's president & CEO," said Paul
Haggis, CP's chairman of the Board of Directors. "The Board welcomes
Mr. Harrison's experience and leadership to CP. We look forward to
benefiting from his strong track record of service reliability,
efficient asset utilization, and strategic capital expenditure."
"CP is an incredible franchise with significant market opportunity,
solid infrastructure, and innovative and hard-working employees," said
Harrison. "I am proud to be working with one of North America's iconic
companies and I look forward to quickly getting to know the priorities
of CP's customers, shareholders, employees, and the communities served
by the railway."
Harrison has received numerous accolades, including North America's
Railroader of the Year by Railway Age magazine and CEO of the Year by
the Globe and Mail's Report on Business magazine.
About Canadian Pacific
Canadian Pacific (TSX:CP)(NYSE: CP) operates a North American
transcontinental railway providing freight transportation services,
logistics solutions and supply chain expertise. Incorporating
best-in-class technology and environmental practices, CP is
re-defining itself as a modern 21st century transportation company
built on safety, service reliability and operational efficiency. Visit cpr.ca and see how Canadian Pacific is Driving the Digital Railway.
SOURCE Canadian Pacific
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