CALGARY, May 4, 2015 /PRNewswire/ - Canadian Pacific
(TSX:CP) (NYSE:CP) today announced that Mark Erceg has been appointed Executive
Vice-President and Chief Financial Officer effective May 18, 2015.
Erceg joins CP from Masonite International Corp. where he had
been Executive Vice-President and Chief Financial Officer since
2010. Erceg brings to CP over 20 years of financial management
experience.
"After a comprehensive search, it was clear that Mark was the
right individual for the job," said E.
Hunter Harrison, CP's Chief Executive Officer. "Mark has the
breadth of experience necessary to spearhead the continued growth
of CP's business and play an integral part alongside the executive
team, employees and the Board in driving the company forward and
continuing to enhance shareholder value."
Effective May 18, Mr. Erceg will
take over day-to-day CFO duties with outgoing CFO, Mr. Bart Demosky, supporting a smooth and seamless
transition until his own departure on May
31.
"I am honoured to be joining such an innovative,
forward-thinking and iconic company," said Erceg. "Under Mr.
Harrison's leadership, CP has made tremendous progress since 2012
and I am excited to be part of the next chapter in the CP
story."
As CP's Executive Vice-President and CFO, Erceg will be a key
member of the senior management team responsible for helping plan
the long-term strategic direction of the company. Other
responsibilities will include financial planning, reporting and
accounting systems as well as pension, treasury and tax. Erceg
holds a bachelor's degree in accounting and an MBA in finance from
the University of Indiana.
About Canadian Pacific
Canadian Pacific
(TSX:CP)(NYSE:CP) is a transcontinental railway in Canada and the
United States with direct links to eight major ports,
including Vancouver and
Montreal, providing 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 Canadian Pacific.
SOURCE Canadian Pacific