Business Context and Reporting Period
This Form 6-K filing by Canadian Pacific Railway Limited and Canadian Pacific Railway Company covers the month of June 2012, with the report dated June 27, 2012. The company operates as a North American transcontinental railway providing freight transportation, logistics solutions, and supply chain expertise.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial statements or performance metrics.
Material Changes
The primary material change disclosed is the resignation of Rick George from the Board of Directors, effective June 26, 2012. The Board has stated it does not intend to fill the vacancy created by his departure at this time.
Management Commentary and Risks
Paul Haggis, Chairman of the Board, acknowledged Mr. George's strong contributions, specifically highlighting his leadership in the Board's search for a new CEO. No specific financial risks, contingencies, or unusual items were detailed in this filing.
Key Facts for Investor Verification
- Rick George has resigned from the Board of Directors.
- The Board has no immediate plans to replace Mr. George.
- Mr. George played a key role in the search for a new CEO.
- This filing contains no financial performance data for the period.