Canadian Pacific Railway (CP, CP.TO) announced results from its 2012 annual meeting of shareholders. Shareholders voted in favour of all items of business. The company announced that its shareholders elected 16 directors, who will serve until the next annual meeting of shareholders.
Canadian Pacific's Board selected Madeleine Paquin to serve as acting Chair of the Company. The Board appointed a search committee to identify a permanent CEO.
The company's Board also appointed newly-elected Director, Stephen Tobias, as interim CEO. Tobias is a 40-year veteran of the railroad industry and former Vice Chair and Chief Operations Officer of Norfolk Southern Corporation.
For comments and feedback: editorial@rttnews.com