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CN Rail Names Robinson CEO, Settles Activist Fight With Hohn’s TCI

  • She’ll be the first woman to run Montreal-based railway
  • Major shareholder TCI gets two board seats to end proxy fight
A Canadian National Railway locomotive pulls a train in Montreal.
A Canadian National Railway locomotive pulls a train in Montreal.Photographer: Christinne Muschi/Bloomberg
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Canadian National Railway Co. named Tracy Robinson as its new chief executive officer and settled a dispute with shareholder TCI Fund Management Ltd., ending a long period of uncertainty over the leadership of one of North America’s largest railroads. 

Robinson immediately becomes one of the most prominent female executives in corporate Canada, the first woman to run the Montreal-based company. She spent 27 years at rival Canadian Pacific Railway Ltd. and has been at Calgary’s TC Energy Corp. since 2014, where she has been in charge of its Canadian natural gas pipelines.