CN Announces Election of Directors
Rhea-AI Summary
CN (TSX: CNR / NYSE: CNI) announced that the 11 director nominees in its March 9, 2026 information circular were elected at the Annual Meeting on May 1, 2026 via webcast.
Vote tallies show broad shareholder support: several nominees received above 99% votes for, while Shauneen Bruder was re-elected board chair by the board.
AI-generated analysis. Not financial advice.
Positive
- Eleven director nominees were elected at the May 1, 2026 annual meeting
- Multiple nominees received >99% shareholder support (e.g., David Freeman 99.68%)
- Shauneen Bruder re-elected board chair by the board
Negative
- Jo-ann dePass Olsovsky had the highest % against at 5.78%
- Several nominees recorded ~3.9% votes against (indicative minority opposition)
News Market Reaction – CNI
On the day this news was published, CNI declined 2.30%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MONTREAL, May 01, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced that the director nominees listed in the management information circular dated March 9, 2026 (the “Information Circular”), were elected as directors of CN. The detailed results of the vote for the election of directors held at CN’s Annual Meeting of Shareholders (“Meeting”) on May 1, 2026 via online webcast are set out below.
Election of Directors
On a vote by ballot, each of the following 11 nominees proposed by management was elected as a director of CN:
| Nominee | Votes For | % For | Votes Against | % Against | ||||
| Shauneen Bruder | 438,986,975 | 96.07 | % | 17,962,676 | 3.93 | % | ||
| Jo-ann dePass Olsovsky | 430,546,313 | 94.22 | % | 26,403,335 | 5.78 | % | ||
| David Freeman | 455,482,343 | 99.68 | % | 1,467,306 | 0.32 | % | ||
| Denise Gray | 439,516,285 | 96.18 | % | 17,433,244 | 3.82 | % | ||
| Justin M. Howell | 438,989,575 | 96.07 | % | 17,959,954 | 3.93 | % | ||
| Susan C. Jones | 454,848,008 | 99.54 | % | 2,101,520 | 0.46 | % | ||
| Robert Knight | 438,972,788 | 96.07 | % | 17,976,737 | 3.93 | % | ||
| Michel Letellier | 453,567,551 | 99.26 | % | 3,381,977 | 0.74 | % | ||
| Al Monaco | 452,819,045 | 99.10 | % | 4,130,419 | 0.90 | % | ||
| Madeleine Paquin | 455,415,305 | 99.66 | % | 1,534,223 | 0.34 | % | ||
| Tracy Robinson | 455,394,959 | 99.66 | % | 1,555,622 | 0.34 | % | ||
Shauneen Bruder was unanimously re-elected by the board of directors as board chair. Ms. Bruder is a Corporate Director and retired Executive Vice-President, Operations at the Royal Bank of Canada.
Biographical information on all directors can be found in the Information Circular, available at https://www.cn.ca/en/investors/regulatory-filings/
Final voting results on all matters voted on at the Meeting will be filed with the Canadian and U.S. securities regulators.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts:
| Media | Investment Community |
| Ashley Michnowski | Jamie Lockwood |
| Senior Manager | Vice-President |
| Media Relations | Investor Relations & Special Projects |
| (438) 596-4329 | (514) 399-0052 |
| media@cn.ca | investor.relations@cn.ca |
