Canada's Railroads Test Future Leaders With CEOs on the Mend

  • Jobin leads team at Canadian National; Creel takes reins at CP
  • `This is an audition.' Company will watch `who steps up'
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Canada’s two largest railroads are giving investors a glimpse of what the future may hold by putting second-in-commands in charge while health issues sideline the chief executive officers.

Canadian National Railway Co. Chief Financial Officer Luc Jobin is coordinating the company’s leadership team until November while CEO Claude Mongeau is treated for a tumor. At Canadian Pacific Railway Ltd., Chief Operating Officer Keith Creel is overseeing day-to-day operations while Hunter Harrison recovers from leg surgery that the carrier said in July would mean an absence of “a few weeks.”