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Rail News: Canadian National Railway - CN

CN honored for corporate governance practices

CN's corporate governance practices were recognized by the Governance Professionals of Canada (GPC) at a ceremony in Toronto last week.

The Class I received the organization's Best Overall Corporate Governance Award for publicly listed companies in 2016, according to a CN press release.

"CN has always recognized the importance of good governance and their governance practices are truly integrated in their business operations and are not viewed in isolation," the GPC awards panel said. "CN has consistently been at the top of the class since governance assessments started in the early 2000s."

GPC represents governance professionals across Canada. The awards recognize the critical role that good governance plays in public companies, crown corporations, government agencies, and nonprofit organizations.

"We strongly believe that good corporate governance is good business, and we are honored to have been recognized for our efforts and dedication in this very important area," said Sean Finn, CN executive vice-president of corporate services and chief legal officer.

Contact Progressive Railroading editorial staff.

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