Former CEO Behind $31 Billion Canadian Pacific-Kansas City Southern Merger Passes Away
Patrick Ottensmeyer, the visionary leader who guided Kansas City Southern through its landmark $31 billion merger with Canadian Pacific, has passed away, marking the end of an influential era in railway history.
Highlights
- Patrick Ottensmeyer led Kansas City Southern as CEO and was instrumental in finalizing the $31 billion merger with Canadian Pacific in 2023.
- He served as CEO until the formation of Canadian Pacific Kansas City Ltd. (CPKC) in April 2023, which combined both railways.
Patrick Ottensmeyer, the former CEO of Kansas City Southern who played a pivotal role in orchestrating the company’s $31 billion merger with Canadian Pacific, has died, the company announced on Monday.
Ottensmeyer held the position of CEO and president at Kansas City Southern from 2015 until April 14, 2023, when Canadian Pacific Kansas City Ltd. (CPKC) was officially established.
Before becoming CEO, he contributed significantly as executive vice president of sales and marketing from 2008 to 2015 and as chief financial officer from 2006 to 2008.
Keith Creel, CEO of CPKC, remarked, "Pat's visionary leadership was a cornerstone in transforming Kansas City Southern and reshaping the railway industry as a whole."
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