(Source: Bloomberg, January 30, 2013)
MONTREAL — Canadian Pacific Railway Ltd. (CP) Chief Executive Officer Hunter Harrison, who was lured from retirement as the head of Canadian National Railway Co. (CNR), is poised to a hire a deputy to implement his turnaround strategy at the least efficient North American carrier.
Harrison’s previous experience with Keith Creel, Canadian National’s chief operating officer makes Creel the likeliest choice for Canadian Pacific’s No. 2 executive, said investors and analysts including Canaccord Genuity’s David Tyerman.
Full story: Bloomberg