STOCK TITAN

CN Names Ed Harris Chief Operating Officer

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On November 28, 2022, CN announced the appointment of Edmond (Ed) Harris as Executive Vice-President and Chief Operating Officer, effective immediately. Harris succeeds Rob Reilly and brings over 40 years of experience in rail operations. His previous roles include leadership at CSX and Canadian Pacific Railway. The company emphasized the importance of Harris’s expertise in advancing operational performance and guiding the next generation of leaders. Forward-looking statements caution that certain assumptions may not materialize due to economic uncertainties.

Positive
  • Appointment of Ed Harris expected to enhance operational performance and leadership.
  • Harris brings over 40 years of industry experience, having previously led operations at CSX and Canadian Pacific Railway.
Negative
  • None.

MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Edmond (Ed) Harris as Executive Vice-President and Chief Operating Officer. Mr. Harris succeeds Rob Reilly, effective immediately.

Since April 2022, Mr. Harris, a highly respected industry veteran, has worked closely with the entire CN operations leadership team on the company's operational and service excellence initiatives, as the team delivered meaningful rail operations performance and customer service improvements.

“We are very pleased to be able to leverage Ed's experience and capabilities as we continue to improve the delivery of safe and reliable freight transportation services to our customers. CN has made strides in improving our operational performance this year, and our team is ready and committed to take that performance to the next level. Ed will provide leadership and unparalleled experience as we advance into the next phase of our scheduled operating plan. Ed’s guidance and mentorship will also be key assets as we transition to the next generation of operations leaders at CN and position ourselves for the future.”

  • Tracy Robinson, President and Chief Executive Officer, CN

Mr. Harris has been one of the railroad industry’s top executives during a career in operations that spans 40 years, including over three decades working at Illinois Central and CN, including as Executive Vice-President, operations until 2007. Prior to joining CN in a consulting capacity earlier this year, Mr. Harris served as Executive Vice President, Operations, at CSX from 2018 to 2020. He also previously served as Chief Operations Officer of Canadian Pacific Railway (CP) from 2010 to 2012.

Rob Reilly joined CN in 2019 and led the operating team through the global pandemic and supply chain challenges. The entire leadership team at CN thanks Mr. Reilly for his contributions to CN and wishes him the very best in his future endeavours.

Forward-looking Statements
Certain statements included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws, including relating to the timing or building of the clean energy terminal. By their nature, forward-looking statements involve risks, uncertainties and assumptions. The Company cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

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 U.S. South through a 18,600-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: 
MediaInvestment Community
Jonathan AbecassisPaul Butcher
Senior ManagerVice-President
Media RelationsInvestor Relations
438-455-3692
(514) 399-0052
media@cn.cainvestor.relations@cn.ca 

FAQ

Who is the new Chief Operating Officer of CN as of November 2022?

Edmond (Ed) Harris has been appointed as the Chief Operating Officer of CN effective November 28, 2022.

What experience does Ed Harris bring to CN?

Ed Harris has over 40 years of experience in the rail industry, including leadership roles at CSX and Canadian Pacific Railway.

Who did Ed Harris succeed as Chief Operating Officer at CN?

Ed Harris succeeded Rob Reilly as Chief Operating Officer of CN.

What are the expectations for Ed Harris's leadership at CN?

CN expects Ed Harris to enhance operational performance and provide guidance for the next generation of leaders.

What did CN state about forward-looking statements in their press release?

CN cautioned that forward-looking statements involve risks and uncertainties that may not materialize due to current economic conditions.

Canadian National Railway

NYSE:CNI

CNI Rankings

CNI Latest News

CNI Stock Data

70.13B
611.29M
2.64%
74.87%
0.36%
Railroads
Industrials
Link
United States of America
Montreal