CP names Peverett to board

Canadian Pacific has appointed Jane Peverett to its board, the Class I announced today.

Peverett most recently served as president, chief executive officer and chief financial officer of British Columbia Transmission Corp. She was CEO of Union Gas Ltd. from 2001 to 2003.

She is an executive committee member for the Institute of Corporate Directors, BC Chapter, and a fellow of the Society of Management Accountants. She also is a member of the boards of Hydro One Ltd., Canadian Imperial Bank of Commerce, Northwest Natural Gas Co. and Encana Corp.

Peverett "brings a unique breadth of board experience — from finance to energy to media — and significant corporate leadership expertise to her new role on our board," said Andrew Reardon, chairman of CP's board, in a press release.

"CP has come so far in such a short time and I look forward to playing a role in creating an even brighter future for CP customers, employees and shareholders," said Peverett.

Her appointment was effective yesterday.