Brian Grassby Appointed CP CFO - Executive Vice-President and...
OKthePK - Public Canadian Railway News
Kathryn McQuade and Brian Grassby - Date/Photographer unknown.
CFO - Executive Vice-President and CFO Kathryn McQuade Retires
Calgary Alberta - Canadian Pacific today announced that Brian Grassby has been appointed Senior Vice-President and Chief Financial Officer (CFO) effective 1 Nov 2012.
McQuade will remain as a Senior Advisor to Grassby until the end of her contract in May 2013 to ensure a successful transition.
is ready to take the reins and his deep financial expertise and continuity of leadership will drive overall financial strength and shareholder value as the company enters this significant period of change," said McQuade.
"Brian and I have been working on transition plans and with our new CIO, Mike Redeker in place, now is an appropriate time for me to shift my role to an advisory position.
It is also with great confidence that we welcome Brian
new role as he
will be instrumental in moving CP's
financial performance forward."
is going through a period of exciting change," said Grassby
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.