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TCI Releases Strategic Plan to Put CN Back on Track and Highlights Case for Change at the Company
TCI Releases Strategic Plan to Put CN Back on Track and Highlights Case for Change at the...
About this update from Canadian National Railway Company
[{"type":"text","content":"\n \n \n \n TCI Releases Strategic Plan to Put CN Back on Track and Highlights Case for Change at the Company\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n Details its Vision for CN: Four Key Priorities, a Strategic Plan to Strengthen CN's Governance, Leadership and Network and a Six-Point Plan for Sustainable, Long-term Growth\n \n \n \n \n Launches\n \n www.CNBackOnTrack.com\n \n as a Shareholder Resource\n \n \n \n \n LONDON\n \n ,\n \n Oct. 18, 2021\n \n /PRNewswire/ -- Long-term shareholders CIFF Capital UK LP and The Children's Investment Master Fund, acting by their investment manager TCI Fund Management Limited (CIFF Capital UK LP, The Children's Investment Master Fund and TCI Fund Management Limited, together, \"TCI\"), today issued its strategic plan to put Canadian National Railway Company (TSX:CNR)(NYSE:CNI) (\"CN\" or the \"Company\") back on track. The plan, which highlights the case for change at the CN Board of Directors (the \"Board\") and for a new CEO, details four key priorities, a strategic plan to strengthen CN's governance, leadership and network, and a six-point plan for sustainable long-term growth from its\n \n Montreal\n \n headquarters.\n \n \n The full plan can be found at\n \n www.CNBackOnTrack.com\n \n , which TCI has developed as a resource for shareholders and to provide more information about proposed nominees\n \n Gilbert Lamphere\n \n ,\n \n Allison Landry\n \n ,\n \n Rob Knight\n \n and\n \n Paul Miller\n \n , as well as CEO candidate\n \n Jim Vena\n \n . The website also allows shareholders to review important materials and key developments leading up to the CN Special Meeting of Shareholders scheduled for\n \n March 22, 2022\n \n (the \"Special Meeting\").\n \n \n \n TCI's Vision for CN:\n \n \n \n A high-quality, experienced Board, a world-class railroader as CEO and a long-term plan for sustainable growth.\n \n \n \n TCI's four key priorities:\n \n \n \n \n Grow the business.\n \n \n Invest in the network and technology to create capacity, improve fluidity and connect new customers t...