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United States

Canadian Pacific Railway Ltd (CP)

CP on New York Consolidated

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5 Dec 2016
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Summary

Name Age Since Current Position

Andrew Reardon

70 2015 Chairman of the Board

Keith Creel

47 2013 President, Chief Operating Officer, Director

E. Hunter Harrison

71 2013 Chief Executive Officer, Director

Nadeem Velani

44 2016 Chief Financial Officer, Vice President

Robert Johnson

2013 Senior Vice President - Operations, Southern Region

Scott MacDonald

2012 Senior Vice President - Operations (System)

Anthony Marquis

2014 Senior Vice President - Operations, Eastern Region

Michael Redeker

55 2012 Chief Information Officer, Vice President

Laird Pitz

71 2014 Chief Risk Officer, Vice President

Peter Edwards

55 2010 Vice President - Human Resources and Labour Relations

Mark Wallace

46 2013 Vice President - Corporate Affairs and Chief of Staff

Paul Guthrie

2015 Special Counsel to the CEO

Jeffrey Ellis

48 2015 Chief Legal Officer and Corporate Secretary

Jill Denham

55 2016 Director

William Fatt

65 2016 Director

John Baird

46 Independent Director

Isabelle Courville

53 2013 Independent Director

Rebecca MacDonald

62 2012 Independent Director

Matthew Paull

64 2016 Independent Director

Biographies

Name Description

Andrew Reardon

Mr. Andrew F. Reardon is Chairman of the Board of the Company. He was an attorney at the law firm of Reardon & Chasar, LPA, which he co-founded in 2009 until he retired in December 2011. Prior to that, Mr. Reardon served as Chairman and Chief Executive Officer, and President and Chief Executive Officer from 2001 to 2008, and VicePresident, Law and Human Resources from 1992 to 2000 of TTX Company, the leading railcar leasing company in North America. Previously, he was a Presidential Appointee to the Railroad Retirement Board and was the Senior Vice-President, Law and Administration for Illinois Central Railroad. From 2007 to 2015, Mr. Reardon served as a director of Appvion Inc. where he served on the Compensation Committee and as Chair the Governance Committee. Mr. Reardon was a Presidential Appointee confirmed by the US Senate from 1990-1992. He has also served on various railroad industry boards including TTX, Terminal Railroad Association of St. Louis, and the Peoria and Pekin Union Railway. Mr. Reardon brings to the Board extensive experience relating to executive management, law and corporate governance. Mr. Reardon holds a Bachelor’s Degree from the University of Notre Dame, a Juris Doctor Degree from the University of Cincinnati and a Master’s Degree in Taxation from Washington University Law School. He served as an officer in the United States Navy from 1967 to 1971.

Keith Creel

Mr. Keith Edward Creel has been appointed as President, Chief Executive Officer, Director of the Company. He has been appointed as Chief Executive Officer effective July 01, 2017. Mr. Creel was appointed as the Company’s President and Chief Operating Officer in February 2013 and has been a director of the Company since May 2015. Prior to joining the Company, Mr. Creel was Executive Vice President and Chief Operating Officer at Canadian National (CN). He held various positions at CN including executive Vice President, Operations, Senior Vice President Eastern Region, Senior Vice President Western Region, and Vice President of the Prairie Division. Mr. Creel began his railroad career at Burlington Northern Railway in 1992 as an intermodal ramp manager in Birmingham, Alabama. He also spent part of his career at Grand Trunk Western Railroad as a superintendent and general manager and at Illinois Central Railroad (prior to its merger with CN in 1999) as a trainmaster and director of corridor operations. Mr. Creel obtained a Bachelor of Science in Marketing from Jacksonville State University. He also completed the Advanced Management Program at the Harvard Business School. Mr. Creel has a military background as a commissioned officer in the US Army, during which time he served in the Persian Gulf War in Saudi Arabia. Mr. Creel was the 2014 recipient of the “Railroad Innovator Award,” from Progressive Railroading and RailTrends, which award recognizes an individual’s outstanding achievement in the rail industry.

E. Hunter Harrison

Mr. E. Hunter Harrison is Director of Canadian Pacific Railway Limited. He is no longer Chief Executive Officer effective July 1, 2017. He joined CP in 2012. Mr. Harrison served as President and Chief Executive Officer at Canadian National Railway Company (CN) from 2003-2009 and as the Executive Vice President and Chief Operating Officer from 1998-2002. He served on CN’s Board of Directors for 10 years. Prior to joining CN, Mr. Harrison was President and CEO at Illinois Central Corporation (IC), and Illinois Central Rail Road Company (ICRR) from 1993-1998, during which time he was also a member of the Board. Mr. Harrison held various positions throughout his time at IC and ICRR, including Vice President, COO and Senior VP of Operations. Before his time at IC and ICRR in 1989, Mr. Harrison served as Burlington Northern’s Vice President of Transportation and Vice President of Service Design. Mr. Harrison has served as a director on several railway companies and industry associations, including The Belt Railway of Chicago, Wabash National Corporation, The American Association of Railroads, Terminal Railway, TTX Company, CN, IC, and ICRR.

Nadeem Velani

Mr. Nadeem Velani is Chief Financial Officer, Vice President of the Company. He joined the Company in March 2013 and served as Vice-President Investor Relations until September 9, 2016 when he was appointed Vice-President and Interim Chief Financial Officer. Prior to joining the Company, Mr. Velani spent 15 years at Canadian National Railway Co. where he worked in a variety of positions in Financial Planning, Sales and Marketing and Investor Relations. There Velani holds an undergraduate degree in Economics from Western University and an MBA in Finance/International Business from McGill.

Robert Johnson

Mr. Robert Johnson is Senior Vice President - Operations, Southern Region of Canadian Pacific Railway Limited. Mr. Johnson is responsible for CP’s US field operations, including train servicing and car repair. In this key role, he focuses on train performance and overall fluidity of the US franchise. Mr. Johnson’s railroad career spans 32 years with BNSF where he held successively more responsible roles in operations, transportation, engineering, and service excellence. His most recent position at BNSF was General Manager, Northwest Division, overseeing day-to-day operations for that region.

Scott MacDonald

Mr. Scott MacDonald is Senior Vice President - Operations (System) of the Company., Since October 2012. Scott is responsible for all transportation functions across Canadian Pacific’s network, including train dispatching, crew management and, car and locomotive fleet distribution. His current focus is on further improving safety, service reliability and effective cost control. Scott joined CP in 2003 as Director, Locomotive Maintenance. After holding the position of Service Area Manager - Mechanical, he was promoted to General Manager, Operations followed by Assistant Vice-President roles in Operations and Transportation before being appointed Vice-President, Transportation in October 2010. Prior to his career at the railway, Scott spent 13 years with the Canadian Forces as an Aerospace Engineering Officer and seven years with GE Transportation Systems as a Locomotive Repair Service Area Manager and as a Marketing and Sales, National Account Executive. He holds a Mechanical Engineering Degree with Honors and a Masters of Engineering in Thermal Power.

Anthony Marquis

Mr. Anthony Marquis is Senior Vice President - Operations, Eastern Region of Canadian Pacific Railway Ltd. He was Vice President - Operations, Eastern Region of the Company. He is responsible for CP’s Canadian Eastern field operations, including train servicing and car repair. In this key role, he focuses on train performance and overall fluidity for the eastern franchise. Mr. Marquis has nearly 30 years of railway operating experience. After spending 25 years with Canadian National Railway Company in various operating positions, Tony moved on as owner and President of Strategic Training Simulators Inc. STSI designs, builds, and installs locomotive simulators, and provides computer based training in the railroad industry. Most recently he successfully completed a corporate turn-around at Colombia-based coal railroad, Fenoco S.A. As President and Chief Executive Officer, Tony reduced Fenoco S.A.’s operating costs per ton of coal by 24 per cent and dramatically improved safety at the railroad in less than a year.

Michael Redeker

Mr. Michael John Redeker is Chief Information Officer, Vice President of the Company. He was most recently Chief Information Officer at ATB Financial. As CIO, he will be responsible for re-defining CP's future strategic information technology (IT) roadmap, improving asset utilization, market growth, shipment management, and employee productivity. With over five years at ATB, Redeker completed an end to end technology upgrade and replacement program. He also spent 11-years at IBM Canada, where he focused on delivering quality information technology services within the financial services industry. He is a graduate from Northern Alberta Institute of Technology.

Laird Pitz

Mr. Laird J. Pitz is Chief Risk Officer, Vice President of the Company. Mr. Pitz has been Vice-President and Chief Risk Officer of CP since October 29, 2014 and was the Vice-President Security and Risk Management of CP from April 2014 to October 2014. Prior to joining CP, Mr. Pitz was retired from March 2012 to April 2014 and Vice-President, Risk Mitigation, of CN from September 2003 to March 2012. Mr. Pitz, a Vietnam War veteran and former Federal Bureau of Investigation special agent, is a 40-year career professional who has directed strategic and operational risk mitigation, security and crisis management functions for companies operating in a wide range of fields including defence, logistics and transportation.

Peter Edwards

Mr. Peter J. Edwards is Vice President - Human Resources and Labour Relations of Canadian Pacific Railway Limited. Prior to joining CP, Mr. Edwards held senior human resources related positions at Labatt Breweries/Interbrew and CN. He has also co-authored two books on managing a changing railway (How We Work and Why and Change, Leadership, Mud and Why). Mr. Edwards also co-authored "SwitchPoints: Culture Change on the Fast Track to Business Success". Mr. Edwards holds a bachelor's and master's degree in Industrial Relations from Queen's University in Ontario.

Mark Wallace

Mr. Mark Wallace is Vice President - Corporate Affairs and Chief of Staff of Canadian Pacific Railway Limited. He was appointed Vice-President, Corporate Affairs and Chief of Staff in September 2012. Prior to joining CP, Mr. Wallace held the title of Client Partner at Longview Communications from January 2012 to April 2012 and was the head of Investor Relations at Husky Injection Molding Systems Inc. from July 2010 to July 2011. Mr. Wallace has also spent over 15 years in various senior management positions with CN, including leading the Public Affairs function in both Canada and the U.S., holding the role of Chief of Staff in the Office of the President and CEO and working in Investor Relations for over six years.

Paul Guthrie

Jeffrey Ellis

Mr. Jeffrey Jerom Ellis is Chief Legal Officer and Corporate Secretary of the Company. Prior to joining CP, Mr. Ellis held various roles at BMO Financial Group, including Executive Vice-President and U.S. General Counsel from April 2013 to November 2015, Senior VicePresident, Deputy General Counsel and Assistant Corporate Secretary, Personal & Commercial U.S. BMO Financial Group from November 2011 to April 2013, and VicePresident, Deputy General Counsel and Assistant Corporate Secretary, Personal & Commercial Canada BMO Financial Group from April 2006 to November 2011. Mr. Ellis has a JD and LLM from Osgoode Hall Law School, an MBA from the Richard Ivey School of Business at the University of Western Ontario and a BA and MA from the University of Toronto. Prior to joining BMO Financial Group, Mr. Ellis practiced corporate and commercial law at Borden Ladner Gervais LLP.

Jill Denham

Ms. Jill Denham serves as Director of the Company. Ms. Denham joins the CP board after a career spent in senior roles in the financial services industry. She was the Vice Chair Retail Markets at CIBC from 2001 through 2005 and the Managing Director Head of Commercial Banking and E-Commerce at the bank from 1999 to 2001. Prior to that, Ms. Denham served CIBC overseas in London, UK as the Managing Director Head from 1995. She entered the financial services industry in 1983. Ms. Denham currently serves as Chair of the Board at Morneau Sheppell and at Munich Reinsurance Canada. She is also a board member at National Bank of Canada and Kinaxis Inc.

William Fatt

Mr. William R. Fatt serves as Director of the Company. Mr. Fatt joins the CP board after serving as the Chairman and CEO of FRHI Hotels & Resorts from 1998 through July 2016. Prior to becoming CEO at FRHI, which was created from the merger of Fairmont Hotels & Resorts and Raffles Hotels & Resorts in 2006, Mr. Fatt was the CFO at Canadian Pacific Ltd. - the parent company of Fairmont’s predecessor, Canadian Pacific Hotels as well as CP’s operating company, Canadian Pacific Railway Co. Mr. Fatt currently sits on the board of the Jim Pattison Group and the Bank of Nova Scotia. Previously, he had served on the boards of Cadillac Fairview Corp., EnCana Corp., SunLife Financial Inc. and Enbridge Inc.

John Baird

The Honorable. John Baird is an Independent Director of Canadian Pacific Railway Limited. He is most recently served as a Member of Parliament of Canada until his resignation on March 16, 2015. He was elected in the House of Commons in 2006 and was re-elected in 2008 and 2011. As a Member of Parliament he was the President of the Treasury Board, Minister of the Environment, Minister of Transport, Infrastructure and Communities, the Government House Leader and, most recently, the Minister of Foreign Affairs until February 3, 2015. Prior to being elected as a MP Mr. Baird was a Member of the Legislative Assembly of Ontario, during which time he served in a number of capacities including Minister of Community and Social Services, Minister Responsible for Children, Minister of Francophone Affairs, Deputy House Leader, Chief Government Whip, Minister of Energy and Government House Leader. Mr. Baird holds an Honours Bachelor of Arts degree in political studies from Queen’s University. He was designated as a Privy Councillor in 2006.

Isabelle Courville

Ms. Isabelle Courville is an Independent Director of Canadian Pacific Railway Limited. She is Chair of the Board of Directors of the Laurentian Bank of Canada. From 2007 to 2013, she was President of Hydro-Québec Distribution and Hydro-Québec TransÉnergie. Ms. Courville was active for 20 years in the Canadian telecommunications industry. She served as President of Bell Canada's Enterprise Group and as President and Chief Executive Officer of Bell Nordiq Group. Ms. Courville holds a Bachelor's degree in Engineering Physics from the École Polytechnique de Montréal and a Bachelor's degree in Civil Law from McGill University.

Rebecca MacDonald

Ms. Rebecca MacDonald is an Independent Director of Canadian Pacific Railway Limited. She is a founder and current Executive Chair of Just Energy Group Inc., a Toronto-based independent marketer of deregulated gas and electricity. Ms. MacDonald has been a director of Just Energy since 2001 and has held the position of Executive Chair since 2007. She served as President and Chief Executive Officer of Just Energy prior to becoming Executive Chair in 2007. In 1989, Ms. MacDonald founded Energy Marketing Inc., and in 1995 founded another company which aggregated customers within the U.K. natural gas deregulation. Ms. MacDonald is a member of the Board of Governors of the Royal Ontario Museum and a member of the Board of the Horatio Alger Association in both Canada and the United States. She founded the Rebecca MacDonald Centre for Arthritis and Autoimmune Disease at Mount Sinai Hospital in Toronto. She is Vice-Chair of the Board of Directors of Mount Sinai Hospital. Ms. MacDonald holds an honorary LLD degree from the University of Victoria.

Matthew Paull

Mr. Matthew H. Paull is an Independent Director of the Company. Mr. Paull was Senior Executive Vice President and Chief Financial Officer of McDonald’s Corporation from 2001 until he retired from that position in 2008. Prior to joining McDonald’s in 1993, he was a partner at Ernst & Young where he managed a variety of financial practices during his 18- year career and consulted with many leading multinational corporations. He served as the lead independent director of Best Buy Co. and chairman of that board’s Finance Committee. Mr. Paull currently serves as a director of Air Products & Chemicals Corporation, where he is a member of the Audit and Governance Committees and Chair of the Finance Committee, and of KapStone Paper and Packaging Corporation, and was previously a director of WMS Industries Inc. He is a member of the Advisory Board of Pershing Square Capital Management, L.P. and The One Acre Fund. He holds a Master’s degree in Accounting and a Bachelor’s degree from the University of Illinois.