CP announces results of annual meeting of shareholders and director elections; Isabelle Courville becomes Chair of the Board

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

CP announces results of annual meeting of shareholders and director elections; Isabelle Courville becomes Chair of the Board

PR Newswire

CALGARY, May 7, 2019 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) announces that all resolutions placed in front of shareholders at its 2019 annual meeting (AGM) held in Calgary earlier today, including the election of all nine individuals identified in the management proxy circular dated March 15, 2019 as director nominees of CP, have been passed. Additionally, upon her re-election as a director, Isabelle Courville is now confirmed as Chair of CP's Board of Directors.

"I congratulate Isabelle on becoming Chair of the Board and on making history as the first woman to hold that position, not only for CP but across the Class 1s in North America," said CP's President and Chief Executive Officer Keith Creel. "As an organization whose values hinge on pride and diversity, I'm extremely proud to serve on this diverse board with these distinguished business leaders. I also want to thank Andy for his tireless service, dedication and outstanding leadership over the last four years as Chair of the Board."

Ms. Courville replaces Andrew F. Reardon, who announced in December 2018 he would be retiring following the AGM.

"I am very proud to be Chair of the Board of Directors of CP and re-elected as a director," said Courville. "It's my honour to serve CP, an iconic company, and I look forward to continuing the momentum established by Andy in this role. On behalf of the entire board, we wish Andy well in his retirement and thank him for his valuable contribution and leadership."

All directors received at least 98.46 percent of votes cast, while the advisory vote on executive compensation (Say-on-Pay) received 95.82 percent approval. The detailed results of the vote by ballot on the election of directors are as follows:


Votes For

% Votes For

Votes Withheld

% Votes Withheld

The Hon. John Baird

102,953,062

99.43%

588,912

0.57%

Isabelle Courville

102,776,371

99.26%

765,594

0.74%

Keith E. Creel

103,357,816

99.82%

184,157

0.18%

Gillian H. Denham

101,945,229

98.46%

1,596,745

1.54%

Rebecca MacDonald

102,866,858

99.35%

675,116

0.65%

Edward Monser

103,351,251

99.82%

190,723

0.18%

Matthew H. Paull

103,325,371

99.79%

216,602

0.21%

Jane L. Peverett

102,743,269

99.23%

798,705

0.77%

Gordon T. Trafton

103,033,296

99.51%

508,678

0.49%

 

Final voting results on all matters voted on at the AGM will be filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov).

About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR

Cision View original content:http://www.prnewswire.com/news-releases/cp-announces-results-of-annual-meeting-of-shareholders-and-director-elections-isabelle-courville-becomes-chair-of-the-board-300845656.html

SOURCE Canadian Pacific

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).