Canadian National Railway names Jamie Lockwood next CFO

Ghislain Houle will remain CFO through CN’s year-end reporting cycle, then serve as Strategic Advisor through March 31, 2027.

Rhea-AI Filing Summary

Canadian National Railway Company (CNI) announced that Executive Vice-President and Chief Financial Officer Ghislain Houle will retire from that role effective February 1, 2027, and that Jamie Lockwood will succeed him as Executive Vice-President and Chief Financial Officer on that date. Houle will remain in the CFO role through January 31, 2027, then serve as Strategic Advisor to the President and Chief Executive Officer through his final day with the company on March 31, 2027, after which he will retire.

Lockwood is currently Vice-President, Investor Relations and Special Projects. He joined CN in 2008 and has held leadership roles across Finance, Strategy, Investor Relations and Operations. Houle has been with CN for over three decades and became CFO in 2016.

Key Figures

CFO succession effective date: February 1, 2027 Houle's final day with CN: March 31, 2027 Houle became CFO: 2016 +3 more

6 metrics

CFO succession effective date February 1, 2027 Jamie Lockwood is selected to succeed Ghislain Houle on this date.

Houle's final day with CN March 31, 2027 Houle will serve as Strategic Advisor through this date.

Houle became CFO 2016 Year he became Chief Financial Officer.

Lockwood joined CN 2008 Year he joined the company.

Annual freight transported More than 300 million tons CN transports this amount throughout North America every year for customers.

Rail network Nearly 20,000 miles CN's rail network.

Key Terms

year-end reporting cycle, succession planning process, Strategic Advisor

3 terms

year-end reporting cycle technical

"continuity through CN’s year-end reporting cycle"

succession planning process technical

"follows a comprehensive succession planning process"

The succession planning process is a strategic approach organizations use to identify and develop future leaders to ensure smooth transitions when key people leave or retire. It helps maintain stability and continuity, much like passing the torch in a relay race to ensure the team keeps moving forward without losing momentum. For investors, effective succession planning signals strong leadership continuity and long-term stability.

Strategic Advisor technical

"serve as Strategic Advisor to the President and Chief Executive Officer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who will be the next CFO of CNI?

Jamie Lockwood will succeed Ghislain Houle as Executive Vice-President and Chief Financial Officer effective February 1, 2027. Lockwood is currently Vice-President, Investor Relations and Special Projects, and joined CN in 2008.

When will Ghislain Houle leave CNI?

Houle will leave the CFO role effective February 1, 2027, and remain with CN as Strategic Advisor to the President and Chief Executive Officer through March 31, 2027. March 31 will be his final day with the company; he will retire after that.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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Available on EDGAR 10/29/2026 - 05:11 PM EDT Accepted by SEC EDGAR 10/29/2026 - 05:10 PM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of October 2026

Commission File Number: 001-02413

Canadian National Railway Company

(Translation of registrant’s name into English)

935 de la Gauchetiere Street West

Montreal, Quebec

Canada H3B 2M9

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ¨ Form 40-F x

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

			Canadian National Railway Company
Date: October 29, 2026			By:	/s/ Jessica Syms
				Name:	Jessica Syms
				Title:	Assistant Vice-President and Corporate Secretary

CANADIAN NATIONAL RAILWAY COMPANY

Table of Contents

Items		Description
1		Press Release – October 29, 2026

 

NEWS RELEASE

CN Announces Retirement of Chief Financial Officer Ghislain Houle and Appointment of Successor Jamie Lockwood

Montreal, October 29, 2026 – Canadian National Railway Company (TSX: CNR) (NYSE: CNI) today announced that Ghislain Houle, Executive Vice-President and Chief Financial Officer, will retire from his role effective February 1, 2027. Jamie Lockwood, currently Vice-President, Investor Relations and Special Projects, has been selected to succeed Ghislain as Executive Vice-President and Chief Financial Officer, effective February 1, 2027.

Ghislain will remain Executive Vice-President and Chief Financial Officer through January 31, 2027, ensuring continuity through CN’s year-end reporting cycle. As of February 1, he will serve as Strategic Advisor to the President and Chief Executive Officer to support a smooth and orderly transition through his final day with the company on March 31, 2027, after which he will retire.

Over three decades with CN, Ghislain has held progressively senior leadership roles and made significant contributions to the Company. Since becoming Chief Financial Officer in 2016, he has provided steady financial leadership through periods of significant economic and industry change, helped strengthen CN’s financial foundation and supported the advancement of the Company’s strategic priorities. Throughout his tenure, he has been a trusted member of CN’s executive leadership team and a strong steward of the Company’s financial discipline.

Jamie joined CN in 2008 and has held leadership roles of increasing responsibility across Finance, Strategy, Investor Relations and Operations. This breadth of experience has given him a strong understanding of CN’s business, operations and financial strategy. His appointment follows a comprehensive succession planning process and reflects CN’s focus on developing strong internal talent and ensuring leadership continuity.

“Ghislain has made an exceptional contribution to CN over three decades, and I am deeply grateful for his leadership, sound judgment and commitment to the Company. He leaves a strong foundation, and his continued support through the transition will be invaluable. Jamie is a highly respected leader with deep knowledge of CN and broad experience across our business. I am confident he is the right leader to build on that foundation and help advance our strategy while maintaining the disciplined financial stewardship our shareholders expect.”

– Tracy Robinson, President and Chief Executive Officer, CN

“I am honored to take on the role of Chief Financial Officer and grateful for the opportunity to build on Ghislain’s contributions. I look forward to working with Tracy and the leadership team to continue advancing CN’s strategy, maintaining strong financial discipline and creating long-term value for our shareholders and customers.”

– Jamie Lockwood, Vice-President, Investor Relations and special projects, CN

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.

– 30 –

Contacts:

Media	Investment Community
Ashley Michnowski	Francois Belanger
Senior Manager	Senior Director
Media Relations	Investor Relations and Sustainability
(438) 596-4329	investor.relations@cn.ca
media@cn.ca