Mongeau, 57, is former president and chief executive officer of Canadian National Railway Company, holding those positions from 2010 to 2016. He has been appointed to the Compensation Committee and the Finance and Risk Management Committee of the Norfolk Southern board and will serve as an independent director.
Mongeau brings extensive freight transportation industry experience to Norfolk Southern’s board. As Canadian National’s CEO, he successfully executed a customer-centric version of precision scheduled railroading. Under his leadership, CN enhanced operating efficiencies while improving service through engagement, communication, and collaboration with customers. During a 22-year career at CN, Mongeau also served as executive vice president and chief financial officer; vice president strategic and financial planning; and assistant vice president corporate development.
“We are excited and pleased to welcome Claude to the Norfolk Southern board,” Squires said. “Claude’s deep knowledge and understanding of precision scheduled railroading will be invaluable as we continue to implement our PSR-based strategic plan to drive efficiencies, service, growth, and shareholder value. Claude brings hands-on experience in aligning PSR with a customer focus that promotes end-to-end supply chain performance and growth.”
Prior to joining CN, Mongeau was a partner with Groupe Secor, a Montreal-based management consulting firm that provided strategic advice to large Canadian firms. He began his career in Paris as a consultant for the American firm Bain & Company. Mongeau holds a Bachelor of Arts in psychology from the University of Quebec and an MBA from McGill University.
Canadian Southern? Norfolk National?
Adding to Mr. Stephens comment. CN saw its largest growth period, and outpaced it’s peers under Mongeau.
@Joseph Samolewicz: Incorrect. Claude Mongeau stepped down for health reasons in the middle of 2016. He was not shown the exit. The capacity crunch began in the second half of 2017 under then-CEO Luc Jobin, who was shown the door early in 2018.
Ohhhhhh boy… If anyone needs a refresher, he was shown the exit at CN after the railroad went into meltdown in 2016
Very interesting…..