CN, KCS CEOs address conference, outline proposed merger benefits
4 Jun 2021
CN and Kansas City Southern chief executives, speaking yesterday at Bernstein’s 37th Annual Strategic Decisions Conference, presented the case for merging their companies.
CN President and CEO JJ Ruest and KCS President and CEO Patrick Ottensmeyer described how the combination of the two Class Is would create a fully end-to-end merger that would deliver "significant public interest benefits for customers, ports, employees, communities and the environment," according to a press release.
Ruest and Ottensmeyer stated their case for voting trust approval as the Surface Transportation Board (STB) reviews CN and KCS’ joint request under the current merger rules.