Canadian Pacific Kansas City Unveils Director Election Results for 2025 Annual Meeting
Canadian Pacific Kansas City Announces Director Election Results for 2025
Canadian Pacific Kansas City (CPKC) held its annual meeting today, officially revealing the outcomes of the director elections alongside other key measures. The company's meeting is an important event, indicating its governance strength and commitment to stakeholder engagement.
During the meeting, CPKC announced that all twelve nominees listed in the management proxy circular dated March 10, 2025, have been successfully elected. Remarkably, each director secured a minimum of 97% of the votes cast, underlining strong shareholder confidence in the leadership team. Among those re-elected was Isabelle Courville, who will continue in her role as Chair of the Board of Directors, a position that she has held with distinction.
The voting received significant attention, especially with the advisory votes on executive compensation and climate change initiatives. The results revealed that 87.74% of shareholders supported the 'Say on Pay' resolution, reflecting a strong consensus on the company’s compensation practices. Furthermore, an impressive 91.66% of shareholders backed the 'Say on Climate' initiative, demonstrating a collective commitment to sustainable operations and environmental responsibility.
Particularly noteworthy was the appointment of Ernst & Young LLP as the company's auditor, which garnered an overwhelming 99.61% approval. This endorsement indicates shareholders' trust in the financial oversight and transparency of the company's financial reporting.
However, not all proposals enjoyed unanimous support; an amendment to By-law No. 2 received 55.74% approval, suggesting diverse opinions among shareholders on certain governance aspects.
Below are detailed voting results for the newly elected directors:
| Director Name | % Votes For | % Votes Against |
|---|---|---|
| ------- | --- | ----- |
| Hon. John Baird, P.C. | 97.54% | 2.46% |
| Isabelle Courville | 97.99% | 2.01% |
| Keith E. Creel | 99.85% | 0.15% |
| Amb. Antonio Garza (Ret.) | 98.99% | 1.01% |
| Arturo Gutiérrez Hernández | 97.26% | 2.74% |
| Hon. Edward R. Hamberger | 99.81% | 0.19% |
| Janet H. Kennedy | 99.87% | 0.13% |
| Henry Maier | 99.08% | 0.92% |
| Matthew H. Paull | 97.55% | 2.45% |
| Jane L. Peverett | 98.64% | 1.36% |
| Andrea Robertson | 98.52% | 1.48% |
| Gordon T. Trafton | 99.05% | 0.95% |
The finalized voting results for all items discussed during the annual meeting will be available on SEDAR+ and EDGAR databases, ensuring transparency and accessibility for stakeholders looking to engage further.
About CPKC
Headquartered in Calgary, Alberta, CPKC is the first and only single-line transnational railway connecting Canada, the United States, and Mexico. With unparalleled access to major ports from Vancouver to Atlantic Canada, the Gulf Coast, and Lázaro Cárdenas, Mexico, CPKC expands its service capabilities across a vast network of approximately 20,000 route miles. The workforce of around 20,000 railroaders delivers exceptional rail services and logistical support, promoting a successful partnership with North American customers. For more about CPKC and its operations, visit cpkcr.com.
Topics General Business）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.