TCI celebrates as CN’s Jean-Jacques Ruest resigns

The President and CEO of Canadian National Rail Jean-Jacques Ruest has retired, both from those posts and from his board seat, effective at the end of January 2022 “or such later time as a successor has been appointed to ensure a flawless transition,” the company said earlier this week.

“We have already identified an excellent CEO candidate in Jim Vena, who is available now, and we encourage the Board to meet with him immediately to secure his leadership,” TCI Fund Management founder and portfolio manager Chris Hohn said in a statement. TCI, an activist shareholder, has . . .

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Christopher Faille

Christopher Faille has written on a variety of legal, regulatory, and financial issues for decades. He is the author of "The Decline and Fall of the Supreme Court" (1995), for example, and the coauthor, with David O'Connor, of "Basic Economic Principles" (2000). He was an early reporter with Lipper HedgeWorld and has contributed to Forbes and to the Hedge Fund Law Report.
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