CP Rail's Harrison, Installed by Ackman, Returns After Surgery
- CEO Harrison says, `I'm back on my feet,' after leg surgery
- Plan for Harrison to remain in charge until mid-2017 is intact
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Hunter Harrison, lured out of retirement in 2012 by activist investor Bill Ackman to turn around operations at Canada Pacific Railway Ltd., is back on the job after leg surgery.
Harrison, 70, who helped boost the railroad’s operating ratio to one of the best in North America from one of the worst, said the plan for him to remain CEO until the middle of 2017 is intact. Chief Operating Officer Keith Creel had stepped up his role temporarily while Harrison recovered, which took more time than the few weeks he was supposed to be out when the surgery was announced in July.