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CP issues statement of condolence following the passing of David Starling, KCS voting trustee

CP issues statement of condolence following the passing of David Starling, KCS voting trustee ...

articleCanadian Pacific Kansas City LimitedFebruary 27, 20233/company/canadian-pacific-railway-ltd/news/cp-issues-statement-of-condolence-following-the-passing-of-david-starling-kcs-voting-trustee
CP issues statement of condolence following the passing of David Starling, KCS voting trustee

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[{"type":"text","content":"\n \n \n \n CP issues statement of condolence following the passing of David Starling, KCS voting trustee\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 Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Feb 27, 2023\n \n \n /CNW/ - Canadian Pacific (TSX: CP) (NYSE: CP) (\"CP\") today issued this statement following the passing of\n \n David Starling\n \n , who had been acting as the Kansas City Southern (\"KCS\") trustee of the KCS voting trust and who had previously served as KCS chief executive officer:\n \n \n \"We were greatly saddened to learn of the loss of\n \n David Starling\n \n ,\" said CP President and Chief Executive Officer\n \n Keith Creel\n \n . \"Our thoughts and prayers are with Mr. Starling's family, loved ones and friends at this difficult time.\"\n \n \n Mr. Starling retired from the role of chief executive officer at KCS in 2016, ending an incredible railroad career that began in 1971.\n \n \n Immediately upon the closing of CP's acquisition of KCS on\n \n Dec. 14, 2021\n \n , the shares of KCS were placed into a voting trust with Mr. Starling appointed as the voting trustee. The voting trust remains in effect until the U.S. Surface Transportation Board (\"STB\") issues its decision on the companies' joint railroad control application.\n \n \n With Mr. Starling's passing, CP shortly will be pursing the appointment of a replacement voting trustee.\n \n \n \n Forward looking information\n \n \n \n This news release contains certain forward looking statements and forward looking information (collectively, \"FLI\") to provide CP shareholders and potential investors with information about CP, KCS and their respective subsidiaries and affiliates, which FLI may not be appropriate for other purposes. FLI is typically identified by words such as \"anticipate\", \"expect\", \"project\", \"estimate\", \"forecast\", \"plan\", \"intend\", \"will\", \"target\", \"believe\", \"likely\" and similar words suggesting future outcomes or statements regarding an outlook. All statements other than statements of historical fact may be FLI....

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