CPKC announces appointment of Arturo Gutiérrez Hernández to board of directors

Rhea-AI Summary

Canadian Pacific Kansas City (CPKC) has appointed Arturo Gutiérrez Hernández to its Board of Directors, effective Nov. 1, 2024. Gutiérrez, 58, from Monterrey, Mexico, is the CEO of Arca Continental, Latin America's second-largest Coca-Cola bottler. CPKC Chair Isabelle Courville praised Gutiérrez's extensive experience in Mexico and his seasoned leadership background. The appointment aims to enhance the board's geographic diversity and contribute to CPKC's success across North America. Gutiérrez has been with Arca Continental for 23 years, holding various leadership positions before becoming CEO in 2019. He holds a Law Degree from Escuela Libre de Derecho and a Master's Degree in Law from Harvard University.

Positive

• Appointment of an experienced CEO with extensive knowledge of the Mexican market
• Enhancement of the board's geographic diversity
• Addition of leadership expertise in Latin American business operations

Negative

• None.

CALGARY, AB, Sept. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) announced today the appointment of Arturo Gutiérrez Hernández to the CPKC Board of Directors, effective on Nov. 1, 2024.

Mr. Gutiérrez, 58, of Monterrey, Mexico, has been the chief executive officer of Arca Continental, the second largest Coca-Cola bottler in Latin America, since January 2019.

"The addition of Arturo adds to the extensive, diverse experience of our board, bringing a seasoned chief executive who has spent decades living and working in Mexico," said Isabelle Courville, Chair of the Board at CPKC. "Arturo has a rich leadership and management background and will be an excellent addition to the board.

"We are delighted to welcome Arturo and look forward to his contributions, enriching our board's geographic diversity and fostering our culture of learning and accountability," Ms. Courville added. "Our growing railway will benefit from Arturo's experience which will be integral to our continued success in Mexico and across North America." 

Prior to being named CEO at Arca, Mr. Gutiérrez served as deputy chief executive officer and previously held several company positions over the last 23 years, including chief operating officer, director for the Mexico Beverages Division, along with leadership positions in Human Resources, Planning and Legal. Mr. Gutiérrez holds a Law Degree from the Escuela Libre de Derecho and a Master's Degree in Law from Harvard University.

About CPKC
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR

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SOURCE CPKC

FAQ

Who is Arturo Gutiérrez Hernández and why was he appointed to CPKC's board?

Arturo Gutiérrez Hernández is the CEO of Arca Continental, Latin America's second-largest Coca-Cola bottler. He was appointed to CPKC's board for his extensive experience in Mexico and seasoned leadership background, which will contribute to the company's success across North America.

When will Arturo Gutiérrez Hernández join CPKC's board of directors?

Arturo Gutiérrez Hernández will join CPKC's board of directors effective November 1, 2024.

How does Arturo Gutiérrez Hernández's appointment benefit CPKC (CP)?

Gutiérrez's appointment enhances CPKC's board's geographic diversity, adds expertise in Latin American business operations, and brings valuable experience to support the company's growth in Mexico and across North America.

What is Arturo Gutiérrez Hernández's background before joining CPKC's board?

Before joining CPKC's board, Gutiérrez has been the CEO of Arca Continental since 2019. He has 23 years of experience with the company, holding various leadership positions including COO and director of the Mexico Beverages Division. He holds a Law Degree and a Master's Degree in Law from Harvard University.