Hunter Harrison tapped as Canadian Pacific CEO

By Insider Monkey: Pershing Square's Bill Ackman is waging war against Canadian Pacific (CP).

By Takeover Analyst:In previous articles, I have expressed my bullish outlook on the rail industry. In this one, I argued, frankly, that "railroad stocks are heading skyward". Satiating my interest in railroads with my background in proxy fights, it is interesting to watch the battle going on at Canadian Pacific (CP).

Robbers took 120 packages of diamonds from a plane at Brussels airport. Jim Vena will be the new Canadian National Railways’ CEO. China will implement new taxes on carbon dioxide, water and coal. British Petroleum on a trial for the accident of oil spill in the Gulf of Mexico.   

Reduce operating ratio to mid-60s by midyear 2016 Reduce workforce by 23% by 2016 – about 4,500 positions Strategic review of western portion of DM&E and D&H Increase average train length and weight by 30% Move headquarters to Ogden Yard north of Calgary in early 2014 Around mid-July, just weeks after Hunter Harrison took over as chief executive of Canadian Pacific Railway Ltd., the venerable railroader met with about

Canadian National Railway has asked ex-CEO Hunter Harrison to reconsider his expressed interest in taking over as chief executive at rival Canadian Pacific

Canadian Pacific Railway Limited (CP) March 06, 2013 8:45 am ET Executives E. Hunter Harrison - Chief Executive Officer, Director and Member of Safety, Operations & Environment Committee Analysts Thomas R. Wadewitz - JP Morgan Chase & Co, Research Division Presentation Thomas R. Wadewitz - JP Morgan Chase & Co, Research Division

Hunter Harrison receives $49.2-million in overall compensation from Canadian Pacific in 2012, after taking control of railway in June – including $9-million from former employer Canadian National

Concerns are being raised that efforts to improve efficiency at Canadian Pacific Railway Ltd. are contributing to a series of accidents at the railroad in recent months, including two more this week. The country’s second-largest railway is in the midst of a massive restructuring under its new chief executive, Hunter Harrison, aimed at righting the railway’s chronic underperformance.