Canadian National’s Chief Financial Officer, Luc Jobin (main photo), will succeed Claude Mongeau as President & CEO on July 1. Mongeau, who is stepping down for health reasons, has been with the operator for 22 years and is credited with driving its acquisition strategy forward from the late 1990s onward.

Jobin co-ordinated the senior management team during Mongeau’s recent medical leave, and was unanimously appointed by CN’s directors.