---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-073051"
form_type: "8-K"
ticker: "CP"
cik: "0000016875"
company_name: "CANADIAN PACIFIC KANSAS CITY LTD/CN"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:58:07.546901+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CPKC EVP John Orr departs to join Norfolk Southern; CPKC receives $25M waiver fee

## Summary
- John Orr resigned as EVP and Chief Transformation Officer effective March 19, 2024 to become COO of Norfolk Southern.
- CPKC waived non-competition provisions in exchange for $25M cash from Norfolk Southern.
- Norfolk Southern agreed not to solicit 5 CPKC employees for 2 years and not to hire 3 employees for 18 months.
- Parties reached commercial and operational agreements on Meridian Speedway and Meridian Terminal related to MNBR acquisition.
- Chief Transformation Officer role will not be replaced; portfolio integrated into existing operational structure.

## SEC filing metadata
- accession: 0001193125-24-073051
- form_type: 8-K
- ticker: CP
- cik: 0000016875
- company_name: CANADIAN PACIFIC KANSAS CITY LTD/CN
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16875/000119312524073051/0001193125-24-073051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16875/000119312524073051/d821568d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-073051
- JSON: https://secwatch.observer/filing/0001193125-24-073051.json
- Plain text: https://secwatch.observer/filing/0001193125-24-073051.txt

## Key facts
- Executive change
  John Orr resigned as Executive Vice-President and Chief Transformation Officer at CANADIAN PACIFIC KANSAS CITY LTD/CN.
  - Action: resigned
  - Role: Executive Vice-President and Chief Transformation Officer
  source text: Effective as of March 19, 2024 (the “ Separation Date ”), John Orr resigned from his position as Executive Vice-President and Chief Transformation Officer of Canadian Pacific Kansas City Limited (the “ Corporation ”) in order to commence employment with Norfolk Southern Corporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/16875/000119312524073051/0001193125-24-073051-index.htm

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