CPKC's Creel sees his compensation jump to $20 million after railway merger [Financial Post (Toronto, Ontario, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Financial Post
MONTREAL — The head of Canada's second-biggest railway enjoyed a big jump in compensation after a historic year for the company as it integrated a major acquisition. Keith Creel, CEO of Canadian Pacific Kansas City Ltd., took in a total compensation boost of 38 per cent that reached $20.1 million last year, company financial filings show. Article content CPKC's five top officers, including Creel, earned $63.5 million overall in 2023 compared with less than half that amount the previous year. Article content The pay bump for the entire C-suite stemmed largely from share-based awards and cash bonuses after Calgary-based Canadian Pacific merged its operations last April with Kansas City Southern. The continent's two smallest Class 1 railways joined forces after CP acquired KCS for US$31 billion in December 2021. The move marked the continent's first big rail merger in more than two decades, making the joint railway network the only one to stretch from Canada through the Unit
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CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/23/24 - Form 6-K
- CNI's page on the SEC website