Canadian Pacific announced the appointment of Tony L. Ingram and Edmond L. Harris to the company’s board of directors, effective immediately. Mr. Ingram has 38 years of rail experience and most recently served as executive vice-president and chief operating officer at CSX Transportation Inc., a position he held from 2004 to 2009. Mr. Ingram spent 33 years at Norfolk Southern Corporation where he rose to senior vice-president of Transportation Network and Mechanical.
Mr. Harris has 44 years of railroading experience. Most recently he served as senior railroad adviser to Global Infrastructure Partners, a fund that invests in worldwide infrastructure assets. From 2010 to April 2011, Mr. Harris served as chief operations officer at Canadian Pacific.
Prior to his role at Canadian Pacific, Mr. Harris held a number of positions at Canadian National Railway, including executive vice-president of operations in Edmonton, and chief transportation officer. Before joining Canadian National, Mr. Harris worked at Illinois Central Railroad for 30 years where he was vice-president of operations from 1997 to 1999.
John Cleghorn, chairman of Canadian Pacific, said, “Tony and Ed are well-respected leaders in our industry and outstanding additions to our board of directors.”
The appointments follow a statement by Pershing Square Capital Management LP, a New York hedge fund which acquired a 12.2 per cent stake in Canadian Pacific in October, that “it is looking for changes to Canadian Pacific Railway’s business and operations, executive management and board of directors,” and is “engaged in ongoing discussions” with officials of the railway.