Canadian Pacific Issues Statement of Condolence Following the Passing of David Starling

Canadian Pacific (“CP”) issued this statement following the passing of David Starling, who had been acting as the Kansas City Southern (“KCS”) trustee of the KCS voting trust and who had previously served as KCS chief executive officer:

“We were greatly saddened to learn of the loss of David Starling,” said CP President and Chief Executive Officer Keith Creel. “Our thoughts and prayers are with Mr. Starling’s family, loved ones and friends at this difficult time.”   

Mr. Starling retired from the role of chief executive officer at KCS in 2016, ending an incredible railroad career that began in 1971. 

Immediately upon the closing of CP’s acquisition of KCS on Dec. 14, 2021, the shares of KCS were placed into a voting trust with Mr. Starling appointed as the voting trustee. The voting trust remains in effect until the U.S. Surface Transportation Board (“STB”) issues its decision on the companies’ joint railroad control application.

With Mr. Starling’s passing, CP shortly will be pursing the appointment of a replacement voting trustee.

About Canadian Pacific

Canadian Pacific (TSX: CP) (NYSE: CP) is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit www.cpr.ca to see the rail advantages of CP.

Source: Canadian Pacific Railway Limited