Claude Mongeau is a Canadian railroad executive who served as the president and chief executive officer of Canadian National Railway (CNR) from January 1, 2010, to July 1, 2016.[1] He succeeded Hunter Harrison. During his tenure as president of CN, he "tried to improve ... frayed relations with the railway's customers and partners through a series of service agreements."[2]

Born in Montreal, Quebec, Mongeau began his railroad career when he joined CN in 1994. He held the positions of vice-president of strategic and financial planning, and assistant vice-president of corporate development. He was appointed executive vice-president and chief financial officer in October 2000.

Before joining CN, Mongeau was a partner with Groupe Secor, a Montreal-based management consulting firm providing strategic advice to large Canadian corporations such as Bombardier and Bell Canada. He also worked in the business development unit of Imasco Inc., a diversified holding company with subsidiaries operating in the manufacturing, retail, and financial services sectors. His career started in Europe with Bain & Company, a leading American consulting firm.[3]

In 1997, Mongeau was named one of Canada's top 40 executives under 40 years of age by the Financial Post Magazine. In 2005, he was selected Canada's CFO of the Year by an independent committee of prominent Canadian business leaders.[4]

On April 26 2017 CN announced that the training centre would be named after Mongeau.[5]

Accomplishments

Directorships:

  • Norfolk Southern Corporation (current, a director during East Palestine, OH tragedy)
  • Cenovus Energy
  • Toronto-Dominion Bank
  • Telus Communications (2017-2019)
  • Canadian National Railway Company (2009-2016)
  • Nortel Networks Corporation (2006-2009)
  • SNC-Lavalin Group (2003-2015)
  • Railway Association of Canada
  • The Canadian Council of Chief Executives

Education:

  • McGill University Desautels Faculty of Management
  • Institut Supérieur des affaires (France)
  • University of Quebec in Montreal

Professional experience:

  • Canadian National Railway Company
  • Imasco Ltd
  • Groupe Secor Inc.
  • Bain & Company (Paris)

Awards:

  • Canada's CFO of the Year for 2005
  • Canada's Top 40 under 40

References

  1. "CN Rail CEO Claude Mongeau stepping down due to medical issue". CBC News. June 7, 2016. Retrieved March 31, 2017.
  2. Scott Deveau (December 30, 2011), ‘High probability’ ex-CNR head would take CP helm, Financial Post. Accessed September 20, 2013,
  3. Associated Press (April 29, 2009). "CN Names Replacement For Promoted CFO". The Street. Retrieved September 20, 2013.
  4. "Past Recipients". CFOY. Archived from the original on February 11, 2013.
  5. Vantuono, William C. "CN training center named after Mongeau". Retrieved May 3, 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.