CALGARY, Aug. 7, 2019 /PRNewswire/ - As part of the
next stage of its transformational journey, Canadian Pacific
Railway Limited (TSX: CP) (NYSE: CP) has announced organizational
changes that will drive continued success.
Robert Johnson, Executive
Vice-President, Operations, is retiring at the end of September.
Effective September 1, CP's new
Executive Vice-President, Operations, is Mark Redd. Redd joined CP in 2013 and has worked
in a number of different senior operating roles, including most
recently as Senior Vice-President, Operations, Western Region.
Tony Marquis, Senior Vice-President,
Operations, Eastern Region, is also retiring in September.
"We wish Robert and Tony all the best in retirement and thank
them for their incredible service and dedication to CP," said CP
President and CEO Keith Creel.
"Robert and Tony have developed an incredibly capable and dedicated
operating team and I am excited to welcome Mark to lead that team.
Since 2012, we have gone from an industry laggard to an industry
leader and this is the next step in our transformational journey.
We continue to focus on investing in people and building the
leaders of tomorrow from within. Today's announcement is further
proof that our plan is working."
Tracy Miller becomes Senior
Vice-President, Operations, Eastern Region and Greg Squires becomes Vice-President, Operations,
Western Region. Both will report directly to Mark Redd.
"As we advance in our precision scheduled railroading evolution,
the importance of developing and empowering people cannot be
overstated," Creel said. "Our people, the best railroaders in the
business, drive us forward each and every day. Because of our bench
strength and our unwavering commitment to developing the
13,000-strong CP family, we have strong options within when it
comes to succession."
CP also announced, effective September
1, that Chad Rolstad,
Vice-President of Human Resources, will add Chief Culture Officer
to his title and James Clements, who
has been with CP for more than 20 years, will become Senior
Vice-President Strategic Planning and Technology Transformation.
CP's Vice-President and Chief Information Officer, Mike Redeker will report to Clements.
"Culture is the bedrock of a high-performing organization, and
in Chad we have a leader who
understands that," Creel said. "James is well equipped to take on
the additional responsibility and has an innate ability to connect
pieces across the company to the benefit of our customers. Both are
strategic leaders who have strong teams to support them. I am
confident they will lead strong for our customers and our
shareholders as we continue to pursue sustainable, profitable
growth."
About Canadian Pacific
Canadian Pacific is a
transcontinental railway in Canada
and the United States with direct
links to major ports on the west and east coasts. CP provides North
American customers a competitive rail service with access to key
markets in every corner of the globe. CP is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit cpr.ca to see
the rail advantages of CP. CP-IR
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SOURCE Canadian Pacific