Business Context and Reporting Period
This Form 6-K filing by Canadian Pacific Railway Limited and Canadian Pacific Railway Company covers the month of December 2003, with a specific report date of December 10, 2003. The registrants are transcontinental railway carriers operating a 14,000-mile network across Canada and the United States, serving principal centers from Montreal to Vancouver and extending into the U.S. Northeast, Midwest, and Mexico through alliances.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a corporate announcement regarding board composition and does not contain financial statements or performance data.
Material Changes
The primary material change disclosed is the appointment of Tim Faithfull to the Board of Directors, effective December 10, 2003. Mr. Faithfull previously served as President and Chief Executive Officer of Shell Canada Limited until his retirement in July 2003.
Guidance, Outlook, and Management Commentary
Ted Newall, Chairman of the Board, commented that Mr. Faithfull's broad international experience and business accomplishments are valuable assets for shareholders. The filing notes Mr. Faithfull's background includes executive positions with Shell on four continents and his current membership on the Board of Directors of TransAlta Corporation. No financial guidance, risk factors, or contingencies are discussed in this specific release.
Investor Verification Checklist
- Verify the effective date of Tim Faithfull's appointment to the Board of Directors.
- Confirm Mr. Faithfull's prior executive roles and current board memberships.
- Review the company's Form 40-F for the most recent financial performance data, as this filing contains none.
- Check for any subsequent filings regarding changes to the Board of Directors or executive management.