CN Announces Remi G. Lalonde as Executive Vice-President
08 Janvier 2024 - 1:00PM
CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Remi
G. Lalonde as Executive Vice-President and Special Advisor to the
CEO in anticipation of his transition to the role of Chief
Commercial Officer (CCO) of CN later in the year.
The Chief Commercial Officer (CCO) role is a
critical executive role, overseeing CN’s strong, experienced,
customer focused Sales and Marketing team. As a former CEO, CFO and
SVP at a prominent forest products company, Remi has led teams,
executed strategy, managed regulatory matters, engaged with
Indigenous communities and stakeholders, headed manufacturing
operations, and worked with investors and suppliers. His successful
track record of cross-functional experience and first-hand
knowledge of the importance of supply chains as well as his focus
on business growth and sustainability will help drive CN’s
2024-2026 growth agenda.
"I am very pleased that Remi is joining the CN
team, preparing to lead our commercial team. The role of CCO is of
the utmost importance. The diversity of his experience, including
as a railway customer and as a CEO, positions him well to lead the
Sales and Marketing team. He will play an instrumental role in
accelerating sustainable, profitable growth.’’
- Tracy Robinson, President and Chief
Executive Officer at CN
Remi, who starts today, will spend time embedded
within CN’s operations to learn about scheduled railroading,
servicing customers, and executing CN’s ‘Make the Plan, Run the
Plan, Sell the Plan’ model. Once this intensive familiarization is
completed, Remi will transition into the role of Executive
Vice-President and Chief Commercial Officer. Doug MacDonald, CN’s
current Executive Vice-President and Chief Marketing Officer, will
remain in that role until the transition is completed later this
year. Biographical
NotesFluently bilingual in his native French as well as
English and based in Montreal, Remi G. Lalonde is the former
President and CEO of a Quebec-based forest products company. After
several years at a Wall Street Law firm, he joined the forest
products company as senior securities counsel. Over his tenure at
the company, he served in corporate and customer focused roles,
including as Senior Vice-President and Chief Financial Officer and
as General Manager for a critical manufacturing facility. Remi
holds a Bachelor of Laws and a Bachelor of Environmental
Engineering from the University of Ottawa.
About CNCN 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. CN’s network connects Canada’s Eastern and Western
coasts with the U.S. South through an 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.
CN Forward-looking
StatementsCertain statements by CN included in this news
release constitute “forward-looking statements” within the meaning
of the United States Private Securities Litigation Reform Act of
1995 and under Canadian securities laws. By their nature,
forward-looking statements involve risks, uncertainties and
assumptions. CN cautions that its assumptions may not materialize
and that current economic conditions render such assumptions,
although reasonable at the time they were made, subject to greater
uncertainty. Forward-looking statements may be identified by the
use of terminology such as “believes,” “expects,” “anticipates,”
“assumes,” “outlook,” “plans,” “targets,” or other similar words.
Forward-looking statements reflect information as of the date on
which they are made. CN assumes no obligation to update or revise
forward-looking statements to reflect future events, changes in
circumstances, or changes in beliefs, unless required by applicable
securities laws. In the event CN does update any forward-looking
statement, no inference should be made that CN will make additional
updates with respect to that statement, related matters, or any
other forward-looking statement. Reference should be made to
Management’s Discussion and Analysis in CN’s annual and interim
reports, Annual Information Form and Form 40-F, filed with Canadian
and U.S. securities regulators and available on CN’s website, for a
description of major risk factors.
Contacts:
Media |
Investment
Community |
Jonathan Abecassis |
Stacy Alderson |
Director, Public Affairs and |
Assistant Vice-President |
Media Relations |
Investor Relations |
(438) 455-3692media@cn.ca |
(514)
399-0052investor.relations@cn.ca |
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