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Canadian National Settles With Canadian Pacific
February 5th, 2013Canadian National Railway has settled its differences with Canadian Pacific Railway and its former CEO Hunter Harrison concerning CP’s hiring of Keith Creel as president and chief operating officer. Creel is CN’s former executive vice president and chief operating officer.
The settlement ends the outstanding litigation between CN and CP before the federal court in Chicago. As part of the settlement, CP has agreed not to hire certain CN employees until Dec. 31, 2016. Other terms of the settlement remain confidential.
CN also announced that it will replace Creel as executive vice president and chief operating officer shortly.
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