CN names Janet Drysdale as interim chief commercial officer

MONTREAL - Canadian National Railway (TSX:CNR) (NYSE:CNI), a prominent player in the North American ground transportation industry with an impressive $62.6 billion market capitalization, appointed Janet Drysdale as interim Chief Commercial Officer effective Monday, following the departure of Remi G. Lalonde, the company announced in a press release. According to InvestingPro analysis, CN currently trades near its 52-week low, suggesting potential value opportunity for investors.

Drysdale, who has nearly 30 years of experience at CN, spent her first decade with the railway in sales and marketing roles. She has since held executive positions across multiple departments including Investor Relations, Finance, Corporate Development, Sustainability, and most recently served as Chief Stakeholder Relations Officer. Under its current leadership, CN has maintained strong financial performance with a 54.8% gross profit margin and has consistently delivered shareholder value through 29 consecutive years of dividend increases.

"Janet’s depth of experience in sales and marketing, steady hand, and drive for results will provide strong leadership for the commercial team," said Tracy Robinson, President and Chief Executive Officer at CN. "I look forward to working closely with her as we accelerate the execution of our growth agenda."

The Chief Commercial Officer oversees CN’s sales and marketing operations, a position the company considers critical to its executive leadership. CN stated that appointing a permanent replacement is a priority.

Drysdale currently serves as an independent director of Brazilian freight railway Rumo S.A. and chairs the Board of the Railway Association of Canada. She also sits on the Board of the Canadian American Business Council.

She holds an Honours Bachelor of Science degree from Queen’s University, an MBA from McGill University, and the Global Competent Boards Designation.

CN operates a nearly 20,000-mile rail network connecting Canada’s eastern and western coasts with the U.S. Midwest and Gulf Coast, transporting more than 300 million tons of goods annually. The company generates nearly $12 billion in annual revenue and maintains an EBITDA of $6.1 billion. For detailed financial analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 top US equities.

In other recent news, Canadian National Railway announced a series of significant investments as part of its 2025 capital investment program. The company plans to allocate approximately $170 million in Illinois, focusing on track maintenance, construction of the Chicago Logistics Hub, and upgrades at its Homewood Campus. Additionally, Canadian National Railway will invest around $75 million in Mississippi, targeting track maintenance and strategic infrastructure improvements. In Tennessee, the company is set to invest approximately $30 million, emphasizing infrastructure and network enhancements to support sustainable growth. Indiana will also see a $20 million investment aimed at track maintenance and capacity upgrades. These investments are part of Canadian National Railway’s broader strategy to maintain safe operations and support economic growth across its network. In another development, Raymond James upgraded Canadian National Railway’s stock rating from Market Perform to Outperform, reflecting improved business prospects and an adjusted price target of C$162.00.

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