News

CP Rail designates first woman to head railway’s board of directors

CP Rail designates first woman to head railway’s board of directors
Business
CALGARY - Canadian Pacific Railway has selected the first woman to head the board of directors of the country’s second-largest railway.

Isabelle Courville, 56, has been designated to replace Andrew Reardon at the Calgary-based company’s annual meeting in May, according to a proxy circular.

An independent director since 2013, Courville is one of four women on CP’s nine-member board. The former Hydro-Quebec executive is also currently a member of the boards at SNC-Lavalin and Laurentian Bank.

She received $303,504 in compensation from CP Rail last year — half to be paid in cash, the rest in share-based awards. As chairman, Reardon received $514,344 in total compensation in 2018.

CP Rail CEO Keith Creel received $12.5 million in compensation last year, down from $20.1 million in 2017, the year he was appointed president and CEO.
Read more on Toronto Star
News Topics :
Similar Articles :
Business
CALGARY Canadian Pacific Railway has selected the first woman to head the board of directors of the country s second largest railway. Isabelle Courville, 56, has been designated to replace...
Business
Harrison, who left the company to become CEO of Florida based CSX Corp. last year but died in December, was the highest paid Calgary business leader in both 2015 and 2016. He...
Business
CALGARY—Canadian Pacific CP Railway is cutting back on perks for its top executives and changing the way they’re paid in response to shareholder frustration over C suite compensation. In a regulatory...
Business
Hunter Harrison, the bombastic former head of both major Canadian railways and current president and CEO of CSX Corp. is on medical leave from the Florida based railroad due to what...
Business
Canadian Pacific Railway TSX CP is cutting back on perks for its top executives and changing the way they’re paid in response to shareholder frustration over C suite compensation. In a regulatory...