- Canadian Pacific Railway (NYSE:CP) says Executive VP and CFO Mark Erceg is stepping down, effective immediately, to assume the role of CFO at another company; Nadeem Velani is appointed interim VP and CFO.
- Erceg joined CP in 2015 after serving five years as CFO of Masonite International and spending 18 years at Procter & Gamble.
- Velani joined CP in 2013 and most recently served as VP of investor relations; before his time at CP, Velani spent 15 years at Canadian National Railway.