Canadian Pacific Railway (CP) Tops Q4 EPS by CAD$0.23

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Go back to Canadian Pacific Railway (CP) Tops Q4 EPS by CAD$0.23

Canadian Pacific CEO Harrison to leave early

January 18, 2017 4:20 PM EST

By Allison Lampert

(Reuters) - Canadian Pacific Railway Ltd (NYSE: CP) (NYSE: CP), Canada's No. 2 railroad operator, said on Wednesday its chief executive would leave five months earlier than originally expected and it reported a lower-than-expected adjusted quarterly profit.

Hunter Harrison will officially step down on Jan. 31 and be replaced by Chief Operating Officer Keith Creel.

Last April, a company spokesman said Harrison planned to serve out his contract ending in June 2017.

A source familiar with the matter said Harrison and former... More