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April 3 (Reuters) – A number of Canadian Pacific Railway
customers have expressed concerns about disruptions that
would occur if Hunter Harrison was installed as its new chief
executive, CP said on Tuesday.
However, CP, which is fighting off a plan by its biggest
shareholder to replace its CEO with Harrison, said in a
statement it is not including any “change-in-management” clauses
in customer contracts.
Harrison is the former CEO of Canadian National Railway
, CP’s biggest competitor. CP is Canada’s second biggest
railroad.
