Globe and Mail’s Report on Business magazine has recognized CN for leadership in corporate governance.
The Canadian publication ranked CN first in Canada in its annual assessment of 220 S&P/TPX Composite Index Members. Companies were ranked on 38 questions as well as sub-questions on subjects such as ESG, sustainability, board composition, shareholding and compensation, according to CN, which received a score of 98 out of 100 points.
“I am proud that CN’s Board has been recognized as a leader on corporate governance amongst its peers as the company continues to power sustainable growth for its customers, people, communities and shareholders,” CN Board Chair Robert Pace said. “I would like to thank CN employees for their dedication to implementing our strategic plan and maintaining the highest standards of corporate governance.”
In related news, CN in October appointed former BNSF executive Jo-ann dePass Olsovsky to serve on the Board, which now comprises 11 directors, “10 of whom are independent and five of whom are women,” the Class I railroad reported.