By Frederic Tomesco, Bloomberg Business News; March 5, 2018
Overwhelmed by a surge in freight, Canadian National Railway Co. said its chief executive officer is stepping down after less than two years, vowing to replace Luc Jobin with a leader who can deliver “speed and determination.”
Chief Marketing Officer Jean-Jacques Ruest, 62, was appointed interim CEO effective immediately. An international search for a new CEO is under way, the Montreal-based company said Monday.
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