CALGARY, June 11, 2012 /CNW/ - Canadian Pacific Railway (TSX: CP) (NYSE:
CP) today advised that, for personal reasons, David Raisbeck has
decided to resign from the CP Board of Directors, a position he has
held since October 2009.
During his tenure, Mr. Raisbeck served on various Board committees,
including the Audit, Finance and Risk Committee, the Management
Resources and Compensation Committee and the Pension Committee.
"David has served this Company well, investing his valuable time, talent
and wisdom. The Board wishes to thank him for his many contributions
to the Company and wishes him well in his future endeavours," said Paul
Haggis, Chairman of the Board.
At this time the Board does not intend to fill the vacancy created by
Mr. Raisbeck's departure.
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
For further information:
24/7 Media Pager: 855-242-3674