---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-102124"
form_type: "8-K"
ticker: "CP"
cik: "0000016875"
company_name: "CANADIAN PACIFIC KANSAS CITY LTD/CN"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:00:09.226542+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CP and KCS combine to create CPKC; first single-line railway connecting Canada, US, Mexico

## Summary
- Completed US$31 billion acquisition of KCS; shares removed from voting trust effective April 14, 2023.
- New CPKC network spans ~20,000 miles, employs ~20,000, and plans $275 million in capital investments over 3 years.
- Leadership: Keith Creel as CEO, Nadeem Velani as CFO, effective immediately; compensation adjustments for Brooks, Redd, Ellis.
- Company renamed Canadian Pacific Kansas City Limited; shares to trade under CP with new CUSIP 13646K108 on April 18.
- Anticipated GHG reduction of 1.9 million tons over 5 years; 64,000 trucks diverted to rail annually.

## SEC filing metadata
- accession: 0001193125-23-102124
- form_type: 8-K
- ticker: CP
- cik: 0000016875
- company_name: CANADIAN PACIFIC KANSAS CITY LTD/CN
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/d447202d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-102124
- JSON: https://secwatch.observer/filing/0001193125-23-102124.json
- Plain text: https://secwatch.observer/filing/0001193125-23-102124.txt

## Key facts
- Executive change
  Nadeem Velani was appointed as Executive Vice-President and Chief Financial Officer at CANADIAN PACIFIC KANSAS CITY LTD/CN.
  - Action: appointed
  - Role: Executive Vice-President and Chief Financial Officer
  source text: Nadeem Velani as Executive Vice-President and Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- Executive change
  John Brooks was appointed as Executive Vice-President and Chief Marketing Officer at CANADIAN PACIFIC KANSAS CITY LTD/CN.
  - Action: appointed
  - Role: Executive Vice-President and Chief Marketing Officer
  source text: John Brooks as Executive Vice-President and Chief Marketing Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- Executive change
  Jeff Ellis was appointed as Executive Vice-President Chief Legal Officer and Corporate Secretary at CANADIAN PACIFIC KANSAS CITY LTD/CN.
  - Action: appointed
  - Role: Executive Vice-President Chief Legal Officer and Corporate Secretary
  source text: Jeff Ellis as Executive Vice-President Chief Legal Officer and Corporate Secretary
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- Executive change
  Mark Redd was appointed as Executive Vice-President and Chief Operating Officer at CANADIAN PACIFIC KANSAS CITY LTD/CN.
  - Action: appointed
  - Role: Executive Vice-President and Chief Operating Officer
  source text: Mark Redd as Executive Vice-President and Chief Operating Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- Executive change
  Keith Creel was appointed as President and Chief Executive Officer at CANADIAN PACIFIC KANSAS CITY LTD/CN.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Keith Creel as President and Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- Governance Changes
  CANADIAN PACIFIC KANSAS CITY LTD/CN: Company changed its name from Canadian Pacific Railway Limited to Canadian Pacific Kansas City Limited via an amendment to Articles of Incorporation (effective 2023-04-14).
  - Change: charter amendment
  - Effective: 2023-04-14
  source text: The Company filed an amendment to its Articles of Incorporation (the “Articles Amendment”) to effect the Name Change effective on April 14, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm
- Material Agreements
  CANADIAN PACIFIC KANSAS CITY LTD/CN terminated Voting Trust Agreement.
  - Action: termination
  source text: On the Control Date, the Voting Trust was terminated in accordance with the terms set forth in the Voting Trust Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312523102124/0001193125-23-102124-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.