Canadian Pacific Names Bart Demosky CFO

Canadian Pacific CP today announced that Bart Demosky has been appointed Executive Vice-President and Chief Financial Officer (CFO) effective December 28, 2013.  On October 23, 2013, CP announced that Brian Grassby would retire as the company's Senior Vice-President and Chief Financial Officer at year-end. Demosky joins CP from Suncor Energy where he had been Chief Financial Officer since 2009.  His career at Suncor began in 2006 when he was appointed vice president and treasurer.  In 2008 Demosky was appointed Senior Vice-President Business Services. Demosky brings to CP over 25 years of senior financial, strategic, operations and risk management experience. "Our search for a new CFO began when Brian informed us of his decision to retire at the end of the year," said E. Hunter Harrison, CP's Chief Executive Officer. "This was the most comprehensive North American CFO search process in my career, as management and the Board recognized the importance of bringing in someone with the breadth of business experience and financial talent required to help lead this organization forward.  In Bart Demosky, we believe we have found that individual.  Bart is arguably one of the top CFO's in Canadian business and we are thrilled See full press release