Friday, June 29, 2012

Hunter Harrison takes reins at CP

 Hunter Harrison takes reins at CP Canadian Pacific

Canadian Pacific appointed Hunter Harrison as president and chief executive officer and a member of the Board of Directors.

With nearly 50 years of railroad experience, Harrison previously served as the president and CEO of Canadian National and, prior to that, as president and CEO of Illinois Central Railroad.

"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."

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