CN appoints Luc Jobin executive vice-president and chief financial officer effective June 1, 2009

    MONTREAL, April 29 /CNW Telbec/ - E. Hunter Harrison, president and chief
executive officer of CN (TSX: CNR)(NYSE:   CNI), announced today the appointment
of Luc Jobin, C.A., as the executive vice-president and chief financial
officer of the company effective June 1, 2009.
    Jobin, 50, will be responsible for financial management and strategic
planning at CN.
    Jobin will succeed Claude Mongeau, whom the CN board of directors
recently selected to become CN president and chief executive officer effective
Jan. 1, 2010. Between June 1 and yearend, Mongeau will act as executive
vice-president, spending most of his time in the field broadening his
knowledge of CN's network and operations before assuming his new duties at the
beginning of next year.
    Jobin was recently executive vice-president of Power Corporation of
Canada (PCC), a diversified international management and holding company, with
responsibility for overseeing PCC's portfolio of diversified investments.
    Prior to joining PCC in 2005, he spent 22 years in a variety of financial
and executive management positions with Imasco Limited and its Canadian
subsidiary, Imperial Tobacco Canada Limited. Imasco, a major North American
consumer products and services company, became a British American Tobacco Plc
subsidiary in 2000. Jobin was president and chief executive officer of
Imperial Tobacco when he joined PCC.
    Harrison said: "CN is pleased to appoint Luc Jobin as its new executive
vice-president and chief financial officer. Luc is a seasoned corporate
executive known for delivering sustainable corporate performance improvements
and increased shareholder value. We look forward to Luc leading further gains
in CN's strong financial record and helping to shape our strategic vision for
the future."
    Jobin said: "I am delighted to join the rail industry's leading carrier
and its team of talented railroaders. I believe my energy, experience in
bottom-line accountability and skills in developing high-quality financial and
business development teams will help to deliver increased value to CN and its
    Jobin obtained his Chartered Accountant Accreditation from the Canadian
Institute of Chartered Accountants in 1983. He received his Diploma in Public
Accountancy from McGill University in Montreal in 1982. He has been a member
of the board of directors of Reynolds American, Inc. since 2008 and also
serves on the boards of directors of two not-for-profit organizations in
    To view Jobin's biographical notes, click

    Forward-Looking Statements

    This news release contains forward-looking statements. CN cautions that,
by their nature, forward-looking statements involve risk, uncertainties and
assumptions. Implicit in these statements, particularly in respect of
long-term growth opportunities, is the Company's assumption that such growth
opportunities are less affected by the current situation in the North American
and global economies. The Company cautions that its assumptions may not
materialize and that the current economic conditions render such assumptions,
reasonable at the time they were made, subject to greater uncertainty. The
Company cautions that its results could differ materially from those expressed
or implied in such forward-looking statements. Important factors that could
cause such differences include, but are not limited to, the effects of adverse
general economic and business conditions, including the current deep recession
in the North American economy and the possibility of a global economic
contraction in 2009, industry competition, inflation, currency fluctuations,
changes in fuel prices, legislative and/or regulatory developments, compliance
with environmental laws and regulations, various events which could disrupt
operations, including natural events such as severe weather, droughts, floods
and earthquakes, labour disruptions, environmental claims, investigations or
proceedings, other types of claims and litigation, and other risks detailed
from time to time in reports filed by CN with securities regulators in Canada
and the United States. Reference should be made to "Management's Discussion
and Analysis" in CN's annual and interim reports, Annual Information Form and
Form 40-F filed with Canadian and U.S. securities regulators, available on
CN's website, for a summary of major risks.

    CN - Canadian National Railway Company and its operating railway
subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific
oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert,
B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key
metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth,
Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and
Jackson, Miss., with connections to all points in North America. For more
information on CN, visit the company's website at

For further information:

For further information: Media: Mark Hallman, Director, Communications,
(905) 669-3384; Investors: Robert Noorigian, Vice-President, Investor
Relations, (514) 399-0052

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