TRAINSNewswire of December 30,2011 carries a story referencing the efforts of investor Bill Ackman to get E. Hunter Harrison to come out of retirement and assume the Top Job at CPR:
“Could Hunter Harrison return to railroading … at Canadian Pacific”
Published: December 30, 2011
FTA: ".…NEW YORK — The boss of a private equity fund that owns a 14 percent stake in Canadian Pacific wants to hire Hunter Harrison to run the railroad, Toronto’s Globe & Mail has reported. The retired Canadian National chief executive has reportedly been in talks with Bill Ackman’s Pershing Square Capital Management about returning to work in CP’s top spot…"
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FTA:“…****Harrison is credited with doubling CN’s profits and driving its operating ratio to industry-leading lows. His reputation is also one of brusqueness, leaving shippers, employees, and the public sector unhappy even as shareholders sung his praises…”
Additionally:TRAINS Railroad History Section carries several downloadable PDF files of intervies with E. Hunter Harrison from June 9,2009.
Hunter Harrison’s name seems to evoke all kinds of reactions from Poster’s on this Forum. The article mentions that Harrison has said he will make no decision until after his contractual, non-comp