01—Abstract
Summary
Summary of the 6-K filed October 27, 2015. Cited figures are marked; the original filing is the authoritative source.
This Form 6-K filing from Canadian Pacific Railway Limited (CP) on October 27, 2015, announces a significant leadership change within its legal department.
Jeffrey J. Ellis has been appointed as the new Chief Legal Officer and Corporate Secretary, effective December 1, 2015. He will succeed Paul Guthrie, who is retiring in early 2016 after more than 25 years of dedicated service to CP.
Guthrie will transition to a Special Counsel to the CEO role to ensure a smooth handover of responsibilities. Ellis brings extensive legal experience from BMO Financial Group, where he served as Executive Vice President and U.S. General Counsel, with legal expertise spanning both Canada and the United States. This appointment signals a continuity in CP's strategic direction, with both the outgoing and incoming legal officers expressing confidence in the company's ongoing transformation under CEO E.
Hunter Harrison. Investors should note this change as a normal course of business for senior leadership transitions within a large, established corporation.
02—Key points
Key Highlights
- Canadian Pacific (CP) announced the appointment of Jeffrey J. Ellis as Chief Legal Officer and Corporate Secretary, effective December 1, 2015.
- Ellis will replace Paul Guthrie, who is retiring in the first quarter of 2016 after over 25 years with CP.
- Paul Guthrie will serve as Special Counsel to the CEO to facilitate a smooth transition.
- Jeffrey J. Ellis joins CP from BMO Financial Group, where he held the position of Executive Vice President, U.S. General Counsel.
- Ellis possesses broad legal expertise in both Canadian and U.S. jurisdictions.
- The appointment is framed as part of CP's ongoing company transformation under CEO E. Hunter Harrison.
- The filing is a Form 6-K, indicating it's a report of a foreign private issuer.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
This filing is primarily to announce a significant leadership change in the legal department. Canadian Pacific Railway Limited is appointing a new Chief Legal Officer and Corporate Secretary, Jeffrey J. Ellis, and outlining the transition from the retiring officer, Paul Guthrie.
Who is replacing Paul Guthrie and when?
Jeffrey J. Ellis has been appointed to replace Paul Guthrie as Chief Legal Officer and Corporate Secretary. This change is effective December 1, 2015. Paul Guthrie will retire in the first quarter of 2016.
What is Jeffrey J. Ellis's background?
Jeffrey J. Ellis comes to CP from BMO Financial Group, where he served as Executive Vice President and U.S. General Counsel. He brings extensive legal experience across both Canada and the United States.
What is Paul Guthrie's role during the transition?
Paul Guthrie will continue with CP in the role of Special Counsel to the CEO to ensure a smooth transition of his responsibilities to Jeffrey J. Ellis before his retirement in the first quarter of 2016.
04—Continue