CN Board Appoints Margaret A. McKenzie to its Board of Directors
CN (TSX: CNR) (NYSE: CNI) announced the appointment of Margaret A. McKenzie to its Board of Directors, effective October 6, 2020. With over 30 years of experience in the energy sector, McKenzie has held key roles including CFO of Range Royalty Management Ltd. and Profico Energy Management Ltd. She has served on numerous boards since 2006, currently holding directorships at PrairieSky Royalty Ltd, Ovintiv Corporation, and InterPipeline Limited. Her extensive expertise in management and finance is expected to contribute positively to CN's strategic direction and operations.
- Margaret McKenzie brings over 30 years of experience, enhancing CN's Board with her expertise.
- Her background in finance and management could lead to improved strategic planning at CN.
- None.
MONTREAL, Oct. 06, 2020 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that Margaret A. McKenzie has been appointed to serve on the Board of Directors of CN. Ms. McKenzie will join the Board on October 6, 2020.
Ms. McKenzie, 58, has more than 30 years of experience in the energy sector in the areas of management, finance, accounting, compensation and corporate governance. She was a founder and the chief financial officer of Range Royalty Management Ltd., a private entity focused on acquiring oil and natural gas royalties in Western Canada from 2006 to 2014 and the chief financial officer of Profico Energy Management Ltd., a private exploration and production company, from 2000 to 2006. Ms. McKenzie has served on both public and private boards since 2006. She currently serves as a director of PrairieSky Royalty Ltd, Ovintiv Corporation (previously Encana Corporation) and InterPipeline Limited.
“Margaret’s extensive business and strategic planning experience, entrepreneurial spirit, and deep understanding of customers’ needs and expectations, combined with her financial acumen and expertise, make her an exceptional addition to CN’s Board. We look forward to her contributions to the Board’s deliberations as CN continues to play an essential role in the North American economy.”
- Robert Pace, Chair of CN’s Board of Directors.
Ms. McKenzie holds a Bachelor of Commerce degree from the University of Saskatchewan and has been a Chartered Accountant (CPA CA) since 1985. She obtained her ICD.D designation from the Institute of Corporate Directors in 2013.
About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the Southern tip of the U.S. through a 19,500-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.
Contacts:
| Media | Investors |
| Jonathan Abecassis | Paul Butcher |
| Senior Manager | Vice-President |
| Media Relations, CN | Investor Relations, CN |
| 514-399-7956 | 514-399-0052 |
FAQ
Who is the new board member appointed at CN on October 6, 2020?
What experience does Margaret A. McKenzie bring to CN?
What roles has Margaret A. McKenzie previously held?
How might Margaret A. McKenzie's appointment impact CN?
