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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canadian Pacific Railway Limited    CP   CA13645T1003

CANADIAN PACIFIC RAILWAY LIMITED (CP)
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Canadian Pacific Railway : CP bolsters Sales and Marketing unit, adds Stone and Bullard to leadership team

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12/07/2017 | 11:19pm CEST

By a News Reporter-Staff News Editor at Journal of Transportation -- Canadian Pacific Railway Ltd. (TSX:CP) (NYSE:CP) announced that it has strengthened its Sales and Marketing team with the addition of two new vice-presidents and reorganized the group's structure to better leverage its best-in-class service to meet the needs of current and future customers.

The Sales and Marketing team will comprise three business units, each led by a vice-president reporting to John Brooks, Senior Vice-President and Chief Marketing Officer. The business units will be Grain and Fertilizers; Energy, Chemicals and Plastics (ECP) and Merchandise; and Intermodal and Automotive.

"The realignment of our Sales and Marketing structure allows us to better leverage customer relationships and marketing strategies as we focus the team on sustainable, profitable growth into 2018 and beyond," said Brooks. "Our proven operating model, discipline on costs and system-wide fluidity has us well-positioned for growth, and this new team is committed to delivering for customers and shareholders."

Coby Bullard, who joins CP effective Dec. 1, will lead Sales and Marketing for ECP and Merchandise. Bullard comes to CP from C.R. England and Crest Logistics where he was most recently President, Intermodal. Bullard also brings almost a decade of railroad experience from BNSF, where he worked in increasing levels of responsibility in sales and marketing, customer service and operations support.

Eileen Pedante Stone also joins CP effective Dec. 1, and will lead the Grain and Fertilizers business unit. Stone joins CP from UPS Freight, where she has garnered more than 25 years of experience in sales and marketing in the freight transportation industry across the U.S., Canada and Mexico. Stone was most recently Vice-President Sales.

Jonathan Wahba, who joined CP in February 2017 as Vice-President Sales and Marketing, Intermodal and Grain, will now lead Sales and Marketing for Intermodal and Automotive.

"We are thrilled to have Eileen and Coby join the CP team, and together with Jonathan, we are confident our Sales and Marketing leaders have the experience, energy and integrity to help CP grow alongside its customers," Brooks said. "It's an exciting time for CP and we look forward to driving value on behalf of our customers."

Keywords for this news article include: Marketing, Advertising, Automobiles, Transportation, Canadian Pacific.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

(c) 2017 NewsRx LLC, source Business Newsletters

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Financials (CAD)
Sales 2018 7 194 M
EBIT 2018 2 739 M
Net income 2018 1 922 M
Debt 2018 7 930 M
Yield 2018 0,95%
P/E ratio 2018 19,25
P/E ratio 2019 16,38
EV / Sales 2018 6,27x
EV / Sales 2019 5,83x
Capitalization 37 158 M
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Number of Analysts 24
Average target price 297  CAD
Spread / Average Target 14%
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Managers
NameTitle
Keith Edward Creel President, Chief Executive Officer & Director
Andrew Fitzpatrick Reardon Chairman
Robert Johnson Executive Vice President-Operations
Nadeem S. Velani Chief Financial Officer & Vice President
Michael John Redeker Chief Information Officer & Vice President
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