CP: Changes at the Top

Written by William C. Vantuono, Editor-in-Chief
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Mark Redd (inset).

In what that railroad is describing as “part of the next stage of its transformational journey,” Canadian Pacific is making changes in some senior-level executive positions, following two retirements.

Executive Vice President Operations Robert Johnson is retiring at the end of September. Effective Sept. 1, his replacement is Mark Redd, who joined CP in 2013 and has worked in a number of senior operating roles. These include, most recently, as Senior Vice President Operations Western Region.

Senior Vice President Operations Eastern Region Tony Marquis is also retiring in September. His replacement is Tracy Miller. Greg Squires becomes Vice President Operations Western Region. Both will report directly to Redd.

Also effective Sept. 1, Vice President Human Resources Chad Rolstad will add Chief Culture Officer to his title. James Clements, who has been with CP for more than 20 years, will become Senior Vice President Strategic Planning and Technology Transformation. Vice President and Chief Information Officer Mike Redeker will report to Clements.

“We wish Robert and Tony all the best in retirement and thank them for their service and dedication to CP,” said President and CEO Keith Creel. “Robert and Tony have developed an incredibly capable and dedicated operating team, and I am excited to welcome Mark Redd to lead that team. Since 2012, we have gone from an industry laggard to an industry leader, and this is the next step in our transformational journey. We continue to focus on investing in people and building the leaders of tomorrow from within.

“As we advance in our Precision Scheduled Railroading evolution, the importance of developing and empowering people cannot be overstated. Our people, the best railroaders in the business, drive us forward each and every day. Because of our bench strength and our unwavering commitment to developing the 13,000-strong CP family, we have strong options within when it comes to succession.

“Culture is the bedrock of a high-performing organization, and in Chad Rolstad we have a leader who understands that. James Clements is well equipped to take on the additional responsibility, and has an innate ability to connect pieces across the company to the benefit of our customers. Both are strategic leaders who have strong teams to support them. I am confident they will lead strongly for our customers and our shareholders as we continue to pursue sustainable, profitable growth.”

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