CALGARY, AB, Aug. 4, 2020 /PRNewswire/ - Canadian Pacific
Railway Limited (CP) (TSX: CP) (NYSE: CP) is deeply saddened to
learn of the passing of former executive and board member
William R. (Bill) Fatt.
"Bill Fatt was a consummate
business leader, with the background, financial knowledge and
overall gravitas to take on big challenges and turn them into
successes," said Keith Creel, CP
President and Chief Executive Officer. "He was not afraid to take
risks and learn from his successes and mistakes. Bill's advice and
counsel were invaluable to so many and he will be sincerely
missed."
Mr. Fatt joined the CP board in September
2016. He served as Chair of the Finance Committee and a
member of the Audit Committee before resigning for health reasons
in November 2017. Earlier in his
career, he served as CP's Chief Financial Officer before taking the
helm of Canadian Pacific Hotels and eventually moving the company's
properties to the Fairmont Hotels & Resorts banner.
"As Chief Financial Officer at CP, Chairman and Chief Executive
Officer at Canadian Pacific Hotels, and a board member at CP, Mr.
Fatt made significant contributions to businesses that continue to
impact many people," said Isabelle
Courville, Chair of CP's Board of Directors. "I am sure I
can speak for all who have worked with Bill when I say we are
fortunate to have had the opportunity to know him."
About Canadian Pacific
Canadian Pacific is a
transcontinental railway in Canada
and the United States with direct
links to major ports on the west and east coasts. CP provides North
American customers with a competitive rail service with access to
key markets in every corner of the globe. CP is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit cpr.ca to see
the rail advantages of CP. CP-IR
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SOURCE Canadian Pacific