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
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SOURCE Canadian Pacific