Business Context and Reporting Period
This Form 8-K Current Report was filed by Canadian Pacific Railway Limited on November 9, 2017. The report discloses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is not a financial statement filing.
Material Changes
On November 9, 2017, William R. Fatt resigned from the Board of Canadian Pacific Railway Limited and the board of directors of Canadian Pacific Railway Company. The resignation was effective as of the close of business on November 9, 2017, due to health reasons. Mr. Fatt had served on the Board since September 2016, acting as Chair of the Finance Committee and a member of the Audit Committee. The Company stated that the resignation was not the result of any disagreement with the Company.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, or discussion of risks and contingencies beyond the specific event of the director's resignation.
Key Facts for Investor Verification
- William R. Fatt resigned from the Board of Directors effective November 9, 2017.
- The resignation was attributed to health reasons and not a disagreement with the Company.
- Mr. Fatt served as Chair of the Finance Committee and a member of the Audit Committee.
- A press release regarding this resignation is attached as Exhibit 99.1.