Hunter Harrison Departs CP, Apparently Interested in Next Turnaround, Leaves CAD 118 Million Behind
Canadian Pacific announced that CEO Hunter Harrison, age 71, will depart the firm on vacation immediately until his long-time protege and credible successor Keith Creel, 47, assumes the helm Jan. 31. This is about six months earlier than previously indicated, and Harrison will not consult for CP thereafter, because he approached the board to discuss modifications to his postemployment agreement to pursue opportunities involving other Class I railroads. The board agreed to waive his noncompete ob...Kansas City Southern is a transportation holding company with domestic and international rail operations in North America. The company's subsidiary, The Kansas City Southern Railway Company, is a United States Class I railroad that serves a several region in the midwest and southeast regions of United States and has north/south rail route between Kansas City, MO and several main ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The company's subsidiary, Kansas City Southern de Mexico, S.A. de C.V. operates a main commercial corridor of the Mexican railroad system and has as its main route a direct rail passageway between Mexico City and Laredo, TX.
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