CP provides update to weekly RTM reporting for week 28

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Canadian Pacific Railway (CP) Will Promote COO Creel to CEO Role; Enters Consulting Agreement with E. Hunter Harrison

July 20, 2016 8:40 AM EDT

Canadian Pacific Railway Limited (NYSE: CP) announced that CP's Board of Directors has reached an agreement with CP's next chief executive officer, Keith Creel. Currently president and chief operating officer, Creel will become president and CEO on July 1, 2017.

"Keith is a tremendous railroader who is more than ready to take the helm as our next CEO," said Andrew F. Reardon, Chairman of the Board. "Since joining the company in 2013, Keith has continued to demonstrate to the CP Board and all of our stakeholders his considerable leadership abilities... More