CN's president and CEO Harrison to retire at year-end

CANADIAN National Railway (CN) has announced that president and chief executive officer E Hunter Harrison will retire from the company and its board of directors on December 31.

"I would like to thank Hunter for the outstanding leadership and service that he has provided to this company. His innovative 'precision railroading' model and tireless dedication has led to the creation of a great North American railroad and will leave this company well positioned for future success," said CN chairman David McLean.

Mr Harrison, aged 65, became CN's president and chief executive on January 1, 2003. Before that, he served as CN's executive vice-president and chief operating officer.

Mr Harrison has received numerous accolades, including 2009 International Business Leader of the Year from the Canadian Chamber of Commerce, Railroader of the Year by Railway Age magazine and Canada's CEO of the Year by Report on Business magazine.

Claude Mongeau will succeed Mr Harrison as CN's new president and chief executive officer, starting January 1.
 

Source: SchedNet