Montreal, May 20, 2022 (GlobeNewswire) – CN (TSX: CNR) (NYSE: CNI) has announced that a new chairperson and director nominees, listed in the Management Information Circular dated April 5, 2022, have been elected as directors of CN. Detailed results of the vote are available below.
Shawnin Broder was unanimously elected chairman of the board by the board. Until her retirement on October 31, 2019, Mrs. Brooder was the Executive Vice-President of the Royal Bank of Canada (RBC) where she was responsible for overseeing the activities of all personal and business clients in Canada. Ms. Bruder joined CN’s board in 2017.
“I am honored to be the Chairman of the CN Board of Directors. I would like to thank Robert Pace for his leadership over the years and wish him well on his retirement from the Board. I’m glad to have David Freeman, Robert Knight and Susan C. Jones on board. They bring to their roles a deep skill in transportation, operations and executive leadership that will be an asset as CN continues its journey to become the undisputed leader in North American railways. The newly elected board and I look forward to working with our new CEO, Tracy Robinson.
I would like to reiterate our commitment to the appointment of Francophone and Quebec based directors. We want to appoint a new director by next month. We have selected a leading Montreal-based search agency to assist us in our search. CN takes this process very seriously. It will be strict, with utmost honesty and consistent with our best principles of class governance. “
– Shawnin Broder, Chairman of the CN Board.
In a ballot, the following 11 nominees, nominated by management, were elected as directors of CN during the May 2022 election of directors by online webcast at the annual meeting (“meeting”) of CN shareholders. Down.
|Nominee||Vote for||For%||Voting suspended||% Is blocked|
|Jo-Ann Deepas Olsowski||552,824,951||99.85||%||829,409||0.15||%|
|Justin M. Howell||549,719,019||99.29||%||3,935,341||0.71||%|
|Susan C. Jones||548,081,435||98.99||%||5,572,925||1.01||%|
|The Honorable Kevin G. Lynch||523,729,949||94.60||%||29,924,411||5.40||%|
|Margaret A. Mackenzie||547,907,964||98.96||%||5,646,396||1.04||%|
|Robert L. Phillips||527,223,659||95.23||%||26,430,701||4.77||%|
Biographies of all managers are available at http://www.cn.ca/en/investors/regulatory-filings
Final voting results on all voting issues will be submitted to Canadian and U.S. Securities Regulators at the annual meeting of shareholders on May 20, 2022.
Any questions related to the meeting that were not answered due to time constraints will be posted online and answered at www.cn.ca/en/investors. Questions and answers will be available until one week after the meeting.
CN is a world-class transportation leader and trade-enabler. Essential for the economy, consumers, and the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured goods, and manufactured goods across North America each year. As the only railroad connecting the east and west coasts of Canada with the US South through an 18,600-mile rail network, CN and its partners have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs that support social responsibility and environmental stewardship.
|Jonathan Abacusis||Paul Butcher|
|Senior manager||Vice President|
|Media relations||Investor Relations|