CALGARY, Alberta — Canadian Pacific will waste no time officially combining with Kansas City Southern.
CP said today that it will create Canadian Pacific Kansas City on April 14, the earliest date CP could take control of KCS under the Surface Transportation Board’s approval of the $31 billion merger.
“Under the leadership of the exceptional group of railroaders we announce today, CPKC will bring new options to rail customers while increasing safety, improving service and spurring new investment in our railroad network,” CP CEO Keith Creel said in a statement. “Together, all these benefits will create jobs and drive economic growth in North America.
Creel will be president and CEO of CPKC. The rest of the railroad’s executive leadership team was announced today and includes (Current KCS executives in italics):
- Nadeem Velani, executive vice-president and chief financial officer
- John Brooks, executive vice-president and chief marketing officer
- Mark Redd, executive vice-president and chief operating officer
- John Orr, executive vice-president and chief transformation officer
- James Clements, executive vice-president strategic planning & technology
- Jeff Ellis, executive vice-president chief legal officer and corporate secretary
- Warren Erdman, executive advisor strategic projects
- Laird Pitz, senior vice-president and chief risk officer
- Mike Foran, senior vice-president network & capacity management
- Chad Rolstad, vice-president of human resources and chief culture officer
- Oscar Augusto Del Cueto Cuevas, KCS de Mexico president, general manager, and executive representative
KCS CEO Pat Ottensmeyer will stay on as an advisor through the end of the year, predominantly working on matters related to CPKC in Mexico.
“Our senior leadership team is eager to come together to write the next chapter of railroad history in North America,” Creel said. “This experienced team will guide our work on a seamless integration for our customers, our employees and the North American supply chain.”
CPKC has yet to reveal the railway’s new logo or locomotive livery.
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