JACKSONVILLE,, United States — Hunter Harrison, the plain-spoken, gruff American who rewrote the Canadian railroading book during his years heading both of this country’s largest railways, has died. CSX Corp., the American railroad Harrison began leading earlier this year, issued a statement on Saturday announcing his death. Institutional investors complained his compensation and perks were excessive and CP Rail moved to scale them back after he left. Luc Jobin, the current CEO of CN Rail, offered his condolences to Harrison’s family and paid tribute to the railway executive. “Hunter was a giant of the railway industry for decades and a transformative figure at CN,” Jobin said in a statement issued Saturday.

Source: National Post December 16, 2017 21:08 UTC