Brian Grassby Appointed CP CFO; Executive Vice-President and CFO Kathryn McQuade Retires

CALGARY, Oct. 11, 2012 /CNW/ – Canadian Pacific (TSX:CP) (NYSE:CP) today announced that Brian Grassby (BCom’79, DPA’80) has been appointed Senior Vice-President and Chief Financial Officer (CFO) effective November 1, 2012. Kathryn McQuade has informed the company she will retire from the role of CFO on that date. McQuade will remain as a Senior Advisor to Grassby until the end of her contract in May 2013 to ensure a successful transition.

… As CP’s Senior Vice-President and CFO, Grassby’s responsibilities will continue to include financial planning, reporting and accounting systems as well as pension, treasury, tax and supply services. Under Grassby’s leadership, in 2010 CP successfully completed the transition from Canadian to U.S. GAAP. Prior to joining CP as Vice-President and Comptroller in 2001, Grassby spent more than 14 years in finance at a large Canadian electronics firm. He is a graduate in Commerce from McGill University and is a Chartered Accountant.

Read full article: Money News, October 11, 2012

Related article: Canadian Transportation & Logistics, October 12, 2012