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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Canadian Pacific Railway Limited    CP   CA13645T1003

CANADIAN PACIFIC RAILWAY LIMITED (CP)
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Canadian Pacific Railway : William Fatt steps down from Canadian Pacific's Board of Directors

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11/10/2017 | 08:01pm CEST

CALGARY, Nov. 10, 2017 /CNW/ - Canadian Pacific Railway Ltd. (TSX:CP) (NYSE:CP) announced that William R. Fatt has resigned from the Board of Directors of Canadian Pacific Railway Company and Canadian Pacific Railway Ltd. for health reasons. Mr. Fatt's resignation is effective as of the close of business on Thursday November 9, 2017.

"On behalf of the board, I want to thank Bill for his outstanding contribution to CP," said Andrew F. Reardon, Chairman of the Board. "His wisdom and guidance during his tenure on the board have been invaluable and will be truly missed."

Mr. Fatt joined the board in September 2016 and has acted as the Chair of the Finance Committee and a member of the Audit Committee of CP during his tenure.   

"Being on the CP board has been a great honour for me," said Mr. Fatt. "I would like to express my appreciation to the board and management of CP for all of their support during my time as a director. I have nothing but the highest regard for CP, its board and its leadership."

About Canadian Pacific

Canadian Pacific 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 CP. CP-IR

SOURCE Canadian Pacific

© Canada Newswire, source Canada Newswire English

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Financials ( CAD)
Sales 2018 6 955 M
EBIT 2018 2 659 M
Net income 2018 1 849 M
Debt 2018 7 669 M
Yield 2018 1,07%
P/E ratio 2018 17,23
P/E ratio 2019 15,44
EV / Sales 2018 5,81x
EV / Sales 2019 5,54x
Capitalization 32 746 M
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Number of Analysts 24
Average target price 251  CAD
Spread / Average Target 12%
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Managers
NameTitle
Keith Edward Creel President, Chief Executive Officer & Director
Andrew Fitzpatrick Reardon Chairman
Robert Johnson Executive Vice President-Operations
Nadeem S. Velani Chief Financial Officer & Vice President
Michael John Redeker Chief Information Officer & Vice President
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