Calgary Alberta - Today, CPKC announced the departure of John Orr, Executive Vice President and Chief Transformation Officer.
 
Mr. Orr will be joining Norfolk Southern as their Chief Operating Officer.
 
"On behalf of the Board of Directors and the CPKC family I would like to thank John for his contributions and impactful leadership. I have had the pleasure to serve and lead with John directly or indirectly for over the last two decades. His strong operating acumen and leadership capabilities has enabled him to build a strong team currently leading our CPKC Mexico Operations. As a result, the team is ready to take the reins and continue to build on the operational momentum generated since this historic combination took place last April. As leaders we are charged to leave our organizations better, John has undoubtedly impacted Kansas City Southern (KCS) and CPKC in a positive way, for which we are grateful," said CPKC President and Chief Executive Officer Keith Creel.
 
In exchange for certain considerations, CPKC has agreed to a waiver of Mr. Orr's non-competition agreement to allow him to work for Norfolk Southern.
 
CPKC and Norfolk Southern have entered into an agreement in connection with the waiver of Mr. Orr's non-competition agreement, which includes a one-time waiver fee of US$25 million plus certain operational and commercial considerations related to the Meridian Speedway and the Meridian Terminal which will expand competition and unlock additional value related to CPKC's proposed Meridian & Bigbee Railroad (MNBR) acquisition.
 
Norfolk Southern has also agreed to temporally limited no-hire and non-solicitation restrictions for a short list of employees of CPKC.
 
Mr. Orr will remain subject to his non-solicitation restrictions.
 
Mr. Orr was appointed Executive Vice President and Chief Transformation Officer of CPKC on 14 Apr 2023.
 
Prior to this role, he served as Executive Vice President Operations for KCS from 2021 through 2023.
 
The role of Chief Transformation Officer will not be replaced and Mr. Orr's portfolio will be integrated into CPKC's existing operational structure.
 
Author unknown.