Canadian Pacific Railway announces upcoming appointment of Keith Creel as new CEO

– CANADA, Calgary – Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (LSE:BC87) announced today that Keith Creel will become President and Chief Executive Officer of the company effective January 31, 2017 following E. Hunter Harrison’s decision to retire from CP.

Mr. Harrison will take vacation leave effective immediately until January 31, 2017, and Mr. Creel will assume the CEO’s responsibilities during this period.

“Hunter has made enormous contributions to CP, and we are forever grateful for his years of service,” said Andrew F. Reardon, Chairman of the Board. “We have a tremendous CEO-in-waiting in Keith Creel. Keith and his team are ready to formally take the reins.”

“Leaving CP is bittersweet,” said Mr. Harrison. “I have had a wonderful experience and depart with many friends and with full confidence in Keith’s ability to build on the great success we have enjoyed.”

About Canadian Pacific

Canadian Pacific (TSX:CP)(NYSE:CP) is a transcontinental railway in Canada and the United States with direct links to eight major ports, including Vancouver and Montreal, providing 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.

For more information : http://www.cpr.ca

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