CN appoints Michel Letellier to its board of directors

The appointment of the Quebec-based independent director, who has extensive North American business experience and a track record of sustainability leadership, demonstrates the Board’s continued commitment to CN’s leadership in governance and sustainability. ESG

MONTREAL, Sept. 08, 2022 (GLOBE NEWSWIRE) — After a rigorous search process, CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Michel Letellier to its Board of Directors. ‘administration. Mr. Letellier will join the Board on 1^er October 2022.

Mr. Letellier, 58, is President and Chief Executive Officer of Innergex Renewable Energy Inc. This Montreal-headquartered company is one of Canada’s largest independent renewable power producers with operations in Canada, the United States, France and Chile. Mr. Letellier has extensive business experience in North America and has been a driving force in the renewable energy industry with Innergex since 1997, where he became President and Chief Executive Officer in 2007. , Mr. Letellier was responsible for the development and operation of hydroelectric projects with Boralex inc. He is a seasoned director and has served on public and private company boards since 2012.

Mr. Letellier sets an example in terms of sustainable development. As CEO of Innergex, he implemented a business model that promotes balance between people, environment and prosperity. Its integrated approach has resulted in the creation of partnerships that allow communities to own up to 50% of the renewable energy infrastructure installed by this company. His sustainability leadership earned Innergex a spot on the Corporate Knights 50 Best Corporate Citizens in 2021. His experience will be a valuable addition to CN’s Board of Directors as the company continues to strengthen its development leadership. sustainable.

“Michel is an accomplished Montreal business leader whose extensive business and strategy experience, sustainability leadership and entrepreneurial track record, combined with his financial acumen and business accomplishments, make him an outstanding addition to CN’s Board. We look forward to his contribution to Board deliberations as CN continues to play its vital role in the North American economy and deliver strong, lasting value. »
– Shauneen Bruder, Chair of CN’s Board of Directors

Mr. Letellier holds a bachelor’s degree in commerce (finance) from the University of Quebec in Montreal (1986) and a master’s degree in business administration from the University of Sherbrooke (1988).

About CN
CN is a global transportation leader and a major trading partner. Vital to the economy, to the customers and to the communities it serves, CN safely moves more than 300 million tonnes of natural resources, manufactured goods and finished goods across North America every year. As the only railroad to link the east and west coasts of Canada to the southern United States with an 18,600-mile rail network, CN and its subsidiaries have been helping communities prosper and trade sustainably since 1919. CN CN maintains its commitment to social responsibility and environmental programs.

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