03:30:43 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 645,695,389
Close 2024-01-05 C$ 168.24
Market Cap C$ 108,631,792,245
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CN Railway Company appoints Lalonde EVP

2024-01-08 09:57 ET - News Release

Ms. Tracy Robinson reports

CN ANNOUNCES REMI G. LALONDE AS EXECUTIVE VICE-PRESIDENT

Canadian National Railway Company has appointed Remi G. Lalonde as executive vice-president and special adviser to the chief executive officer in anticipation of his transition to the role of chief commercial officer (CCO) of CN later in the year.

The CCO role is a critical executive role, overseeing CN's strong, experienced, customer-focused sales and marketing team. As a former CEO, chief financial officer and senior vice-president at a prominent forest products company, Mr. Lalonde 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 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 to 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," said Tracy Robinson, president and chief executive officer at CN.

Mr. Lalonde, 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, Mr. Lalonde 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 notes

Fluently bilingual in his native French as well as English and based in Montreal, Mr. 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. Mr. Lalonde holds a bachelor of laws and a bachelor of environmental engineering from the University of Ottawa.

About Canadian National Railway Company

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. 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.

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