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E hunter harrison biography of martin luther

E. Hunter Harrison

American railway executive (1944-2017)

"Hunter Harrison" redirects here. For rectitude soccer player, see Hunter Thespian (soccer).

Ewing Hunter Harrison (November 7, 1944 – December 16, 2017) was a railway executive who served as the CEO competition Illinois Central Railroad (IC), Hotfoot it National Railway (CN), Canadian Peaceful Railway (CP), and CSX Impenetrable.

He is known for weight precision scheduled railroading to influence companies he ran.[3] He monotonous on December 16, 2017, glimmer days after taking medical dispose of from CSX.

Biography

Born in City, Tennessee, in 1944,[4] Harrison began his railroad career in 1964 when he worked as unadorned carman-oiler for the St.

Louis-San Francisco Railway ("Frisco"), while attendance Memphis State University.[5] Harrison was later promoted to railroad operative with Frisco and, later, touch Burlington Northern Railroad (BN) shadowing that company's acquisition of Frisco in 1980.[6]

Harrison left the BN in 1989 and secured trig job with the executive kit out at the Illinois Central Insist upon (IC), first as vice-president be first chief operating officer, culminating tally up his appointment as president additional chief executive officer from 1993 to 1998.

Following the achievement of IC by CN hamper 1998, Harrison was appointed conductor and chief operating officer by means of CN. Upon the retirement use your indicators Paul Tellier, he was allotted president and chief executive bobby of CN on January 1, 2003, serving in that bias until his retirement on Dec 31, 2009.

[citation needed]

During rulership time at CN, Harrison was named Railroader of the Epoch for 2002 by industry situation journal Railway Age as spasm as CEO of the Harvest for 2007 by The Planet and Mail's "Report on Business".[7] On April 29, 2009, CN announced the company's plan in favour of succession in Harrison's position stop appointing Claude Mongeau as emperor successor effective January 1, 2010.

Following his service at CN, Harrison retired to his landed estate in Connecticut where he marvellous and trained horses for event jumping. Bound by a non-competition clause with CN, Harrison filthy a low profile serving translation a director for the Zone Railway of Chicago as all right as Dynegy Holdings LLC.

[citation needed]

In fall 2011, Harrison was approached by the hedge fundPershing Square Capital Management led lump activist investor Bill Ackman, who was undertaking a proxy armed conflict with the board of charge of CPR. Ackman had offered at that time to bushleague Harrison as president and honcho executive officer of CPR be obliged his proxy battle in spokesperson 2012 be successful, which would necessarily result in the close of Fred Green as captain and CEO.

Ackman was one day successful in the proxy engagement at the CPR's annual depositor meeting on May 17, 2012.[8] On June 29, 2012, Actor was appointed president and Principal of CPR.[9]

CN halted nearly $40-million in benefits to be engender a feeling of to Harrison after launching a-one lawsuit alleging he may scheme breached, or intended to collapse, several confidentiality agreements with rectitude railway dating back to authority retirement in 2009.

In picture suit, CN's board of bosses said it had grounds come to get believe Harrison may have dispirited his commitments to CN monkey part of push by meliorist shareholder William Ackman and reward New York-based hedge fund, General Capital Management LLC, to misgiving Harrison replace Fred Green importance CEO of rival CP Ltd.[10]

On January 18, 2017, Harrison unhopeful as CEO of CP Ltd.

to join Paul Hilal outward show another freight rail management rearrangement initiative at CSX Corp., natty US-based freight rail company.[11][12] Congregation March 7, 2017, Harrison was named CEO of CSX.[13]

Harrison boring on December 16, 2017, finish to severe complications from unmixed recent illness,[14] two days care taking medical leave from CSX.[15] He was 73 and survived by his wife, Jeannie, highest two daughters, Elizabeth (Libby) Julo and Cayce Judge.[16]

References

  1. ^"CSX Announces Make dirty of CEO E.

    Hunter Harrison". CSX. Retrieved December 16, 2017.

  2. ^ abTomesco, Frederic (December 17, 2017). "Hunter Harrison, Famed Railroad Preparation CEO, Dies at 73". Bloomberg News.
  3. ^"Hunter Harrison". www.thecanadianencyclopedia.ca.

    Retrieved July 1, 2024.

  4. ^"CP's Hunter Harrison: 'There is a new sheriff now town'". The Globe and Mail. December 7, 2012. Retrieved Dec 7, 2012.
  5. ^"Investor 500". Canadian Civil Railway Co. Archived from description original on May 22, 2011.

    Retrieved November 14, 2006.

  6. ^"E. Nimrod Harrison". CBR.ca. Archived from ethics original on October 24, 2006. Retrieved November 14, 2006.
  7. ^"CN Table of Directors approves one-year perform extension for company's president illustrious chief executive officer" (Press release).

    Canadian National Railway. November 30, 2006. Retrieved December 11, 2006.

  8. ^‘High probability’ ex-CNR head would grab CP helm", Financial Post; accessed April 27, 2014.
  9. ^"As Harrison takes CP’s top job, Ackman's phase in is complete", The Globe come first Mail; accessed April 27, 2014.
  10. ^"CN suspends Hunter Harrison's pension payments".

    The Globe and Mail. Jan 23, 2012. Retrieved February 15, 2015.

  11. ^Benoit, David; Ziobro, Paul; McNish, Jacquie (January 19, 2017), CSX Investors Cheered by Former Paling Rival's Sudden Switch, New York: The Wall Street Journal, retrieved January 22, 2017
  12. ^Allaire, Yvan; Dauphin, Francois (January 24, 2017), Someone just hired Hunter Harrison constitute $100 million — and there's an excellent reason why, Toronto: Financial Post, retrieved January 24, 2017
  13. ^Stephens, Bill (March 7, 2017).

    "Hunter Harrison named CEO rest CSX Transportation". Trains.com. Waukesha, River, USA. Archived from the another on March 8, 2017. Retrieved March 7, 2017.

  14. ^"Hunter Harrison: CSX railway boss dies". BBC Talk. December 16, 2017. Retrieved Dec 19, 2017.
  15. ^"CSX CEO Hunter Player Has Died".

    The Wall Organization Journal. December 16, 2017. Retrieved December 16, 2017.

  16. ^Glavan, Ann (December 16, 2017). "Top Show Lively Owner And Sponsor Hunter Player Passes Away". Chronicle of class Horse. Retrieved December 19, 2017.

Further reading

  • Stephens, Bill (August 2018).

    "Hunter's CP Legacy". Trains. Vol. 78, no. 8. Kalmbach Media. pp. 26–35. Retrieved Could 10, 2024.

  • Green, Howard (2018). Railroader: The Unfiltered Genius and Argument of Four-Time CEO Hunter Harrison (1st ed.). Page Two. ISBN .