CN Announces Appointment of New Board Chair and Election of Directors
May 20 2022 - 06:55PM
CN (TSX: CNR) (NYSE: CNI) announced that a new Chairperson and the
director nominees listed in the management information circular
dated April 5, 2022, were elected as directors of CN. The detailed
results of the vote are available below.
Shauneen Bruder was unanimously elected by the
board of directors as board chair. Ms. Bruder was, until her
retirement on October 31, 2019, the Executive Vice-President,
Operations at the Royal Bank of Canada (RBC) where she was
responsible for overseeing operations related to all personal and
business clients in Canada. Ms. Bruder joined CN’s board in
2017.
“I am honoured to become the Chair of the CN
Board of Directors. I would like to thank Robert Pace for his
leadership over many years and wish him the best as he retires from
the Board. I am also pleased to welcome David Freeman, Robert
Knight, and Susan C. Jones to the Board. They bring to their roles
a deep expertise in transportation, operations and executive
leadership which will be an asset as CN continues its journey to
become the unquestioned leader among North American railways. The
newly elected board and I very much look forward to working with
our new CEO, Tracy Robinson.
I would also like to reiterate our commitment to
recruiting a francophone and Quebec based director. We intend to
appoint the new director in the coming months. We have selected a
leading Montreal based search firm to assist us with the
search. CN takes this process very seriously. It will be
rigorous, of the highest integrity and consistent with our
principles of best in class governance.”
- Shauneen Bruder, Chair
of the Board of CN.
Election of Directors
On a vote by ballot, each of the following 11
nominees proposed by management was elected as a director of CN
during the election of directors held at CN’s Annual Meeting of
Shareholders (“Meeting”) on May 20, 2022 via online webcast are set
out below.
Nominee |
Votes For |
% For |
Votes Withheld |
% Withheld |
Shauneen Bruder |
544,480,950 |
98.34 |
% |
9,173,285 |
1.66 |
% |
Jo-ann dePass Olsovsky |
552,824,951 |
99.85 |
% |
829,409 |
0.15 |
% |
David Freeman |
552,423,390 |
99.78 |
% |
1,230,538 |
0.22 |
% |
Denise Gray |
543,381,273 |
98.14 |
% |
10,273,087 |
1.86 |
% |
Justin M. Howell |
549,719,019 |
99.29 |
% |
3,935,341 |
0.71 |
% |
Susan C. Jones |
548,081,435 |
98.99 |
% |
5,572,925 |
1.01 |
% |
Robert Knight |
552,587,333 |
99.81 |
% |
1,066,893 |
0.19 |
% |
The Hon. Kevin G. Lynch |
523,729,949 |
94.60 |
% |
29,924,411 |
5.40 |
% |
Margaret A. McKenzie |
547,907,964 |
98.96 |
% |
5,746,396 |
1.04 |
% |
Robert L. Phillips |
527,223,659 |
95.23 |
% |
26,430,701 |
4.77 |
% |
Tracy Robinson |
552,839,626 |
99.85 |
% |
814,734 |
0.15 |
% |
Biographical information on all directors is available at
http://www.cn.ca/en/investors/regulatory-filings
Final voting results on all matters voted on at
the Annual Meeting of Shareholders held on May 20, 2022 will be
filed with the Canadian and U.S. securities regulators.
Meeting QuestionsAny questions
related to the Meeting that were not answered during the Meeting
due to time constraints will be posted online and answered at
www.cn.ca/en/investors. The questions and answers will remain
available until one week after the Meeting.
About CN
CN is a world-class transportation leader and
trade-enabler. Essential to the economy, to the customers, and to
the communities it serves, CN safely transports more than 300
million tons of natural resources, manufactured products, and
finished goods throughout North America every year. As the only
railroad connecting Canada’s Eastern and Western coasts with the
U.S. South through a 18,600-mile rail network, CN and its
affiliates have been contributing to community prosperity and
sustainable trade since 1919. CN is committed to programs
supporting social responsibility and environmental stewardship.
Contacts:
Media |
Investment
Community |
Jonathan Abecassis |
Paul Butcher |
Senior Manager |
Vice-President |
Media Relations |
Investor Relations |
438-455-3692media@cn.ca |
(514)
399-0052investor.relations@cn.ca |
Canadian National Railway (TSX:CNR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Canadian National Railway (TSX:CNR)
Historical Stock Chart
From Mar 2023 to Mar 2024