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CEO Luc Jobin is leaving CN; Board appoints Jean-Jacques Ruest Interim CEO

CANADIAN NATIONAL RAILWAY (CNI)  More Company Research Source: GlobeNewswire
Last canadian national railway earnings: 7/24 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
PDF MONTREAL, March 05, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of CN (TSX:CNR) (NYSE:CNI) announced today that Luc Jobin is leaving CN effective immediately. The Board has appointed Jean-Jacques Ruest Interim President and Chief Executive Officer until a permanent replacement is in place. Mr. Ruest has been with the company for twenty-two years, the last eight as Executive Vice-President and Chief Marketing Officer.  “The Board believes the company needs a leader who will energize the team, realize CN’s corporate vision and take the company forward with the speed and determination CN is known for,” said Board Chairman Robert Pace. “Mr. Ruest is well known to customers and investors, and is well positioned to focus the company and its very experienced and proven team of railroaders to rapidly address operational challenges during the transition.” The Board believes that in an increasingly competitive marketplace, CN must respond with speed and innovation to retain its leader [Read more]

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