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Rail News: Rail Industry Trends

CPR experiences exec changes before spin-off

Canadian Pacific Railway June 13 announced that Executive Vice President, Commercial, Hugh MacDiarmid plans to leave the railroad at the end of June to pursue another career track.
"Hugh made the decision to leave prior to CPR completing the spin-out program from Canadian Pacific Ltd.," said Rob Ritchie, CPR president and chief executive officer, in a prepared statement.
MacDiarmid joined CPR in 1995 as Executive Vice President, in charge of system operations, human resources, industrial relations and infrastructure.
Prior to 1995, he operated his own consulting business. MacDiarmid also previously served as president of SC Stormont Corp., president and CEO of Lumonics Inc., and principal with McKinsey & Company, an international management consulting firm.
In another executive move, CPR promoted Executive Vice President of Operations Ed Dodge to executive vice president and chief operating officer, effective immediately.
Dodge, who’s served in various operations and commercial posts during more than 30 years with CPR, will be responsible for all the railroad’s operations and commercial activities.
"We’re fully confident that there’ll be a seamless transition of leadership during the coming weeks," said Ritchie.

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More News from 6/13/2001