Form 8-K
8-K — CANADIAN PACIFIC KANSAS CITY LTD/CN
Accession: 0001193125-26-324144
Filed: 2026-07-29
Period: 2026-07-29
CIK: 0000016875
SIC: 4011 (RAILROADS, LINE-HAUL OPERATING)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — d112154d8k.htm (Primary)
EX-99.1 (d112154dex991.htm)
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8-K
8-K (Primary)
Filename: d112154d8k.htm · Sequence: 1
8-K
CANADIAN PACIFIC KANSAS CITY LTD/CN false 0000016875 0000016875 2026-07-29 2026-07-29 0000016875 us-gaap:CommonStockMember 2026-07-29 2026-07-29 0000016875 cp:Perpetual4PercentConsolidatedDebentureStockOfCanadianPacificRailwayCompanyMember 2026-07-29 2026-07-29
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
July 29, 2026
Date of Report (Date of earliest event reported)
Canadian Pacific Kansas City Limited
(Exact name of registrant as specified in its charter)
Canada
001-01342
98-0355078
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
7550 Ogden Dale Road S.E., Calgary, Alberta,
Canada, T2C 4X9
(Address of principal executive offices) (Zip Code)
(403) 319-7000
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Shares, without par value, of Canadian Pacific Kansas City Limited
CP
New York Stock Exchange
Common Shares, without par value, of Canadian Pacific Kansas City Limited
CP
Toronto Stock Exchange
Perpetual 4% Consolidated Debenture Stock of Canadian Pacific Railway Company
CP40
New York Stock Exchange
Perpetual 4% Consolidated Debenture Stock of Canadian Pacific Railway Company
BC87
London Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 29, 2026, Isabelle Courville, Chair of the Board of Directors (the “Board”) of Canadian Pacific Kansas City Limited (the “Company”), notified the Company of her decision to retire from the Board, effective immediately. Ms. Courville’s decision to retire was not because of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
ITEM 7.01.
Regulation FD Disclosure.
On July 29, 2026, the Company issued a press release announcing Ms. Courville’s retirement from the Board. A copy of this press release is attached as Exhibit 99.1.
The press release referred to in the paragraph above is furnished herewith as Exhibit No. 99.1 to this Report, and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
ITEM 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No.
Exhibit Description
Exhibit 99.1
Press Release dated July 29, 2026.
Exhibit 104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 29, 2026
CANADIAN PACIFIC KANSAS CITY LIMITED
By:
/s/ Tyler Robinson
Name:
Tyler Robinson
Title:
General Counsel & Assistant Corporate Secretary
EX-99.1
EX-99.1
Filename: d112154dex991.htm · Sequence: 2
EX-99.1
Exhibit 99.1
Release: July 29, 2026
CPKC Announces Retirement of Board Chair Isabelle Courville; Vice-Chair Gordon Trafton Appointed Chair of the Board
Calgary – Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced the retirement of Board of Directors Chair Isabelle Courville and the
appointment, in accordance with the Board’s succession plan, of long-term board member Gordon Trafton as Chair, effective immediately.
Ms. Courville, of Montreal, Quebec, joined the Board on May 1, 2013 and has served as Chair since May 7, 2019, when she became the first female
to chair the board of a Class 1 railway. During her tenure as Chair, Canadian Pacific (CP) proposed and completed its transformational combination with Kansas City Southern.
“I am extremely proud to have been part of the remarkable history of Canadian Pacific and the creation of CPKC,” Courville said. “It has
been an honour to work alongside the company’s outstanding management led by Keith Creel and the dedicated Board of Directors during this period of industry-leading growth and transformative change. I wish CPKC ongoing success and am
absolutely confident that this team of world-class railroaders will continue setting new standards of excellence and delivering exceptional results for years to come.”
As a board member, Ms. Courville chaired the Audit Committee from 2014 to 2016 and also served as Chair of the Management, Resources and Compensation
Committee. Ms. Courville, an engineer and a lawyer by training, was active for over 25 years in the energy and telecommunications sectors.
“Isabelle’s leadership played a pivotal role in guiding Canadian Pacific and CPKC through historic growth and our transformative journey,
especially during the challenging road that ultimately led to CP’s successful combination with Kansas City Southern,” said CPKC President and CEO Keith Creel. “She will be greatly missed. On behalf of our 20,000-strong CPKC family, I want to express our heartfelt gratitude for her unwavering service and dedication. Looking to the future, with Gordon’s strong railroad operating background and exceptional
leadership skills, the Board remains in excellent hands. We are excited to forge ahead together as we write the next chapter in CPKC’s forever story.”
Mr. Trafton, of Naperville, IL, has been a member of the Board since Jan. 1, 2017, and was appointed Vice-Chair of the Board on January 28, 2026, as
part of the Board’s ongoing succession planning. He retired in 2010 from Canadian National (CN), completing a 33-year railroad career that included time at CN, Illinois Central and Burlington Northern
Railroad. From 2003 to 2009, he successively served as Senior Vice-President Strategic Acquisitions and Integration and as Senior Vice-President, Southern Region at CN. Prior to that, Mr. Trafton worked as CN’s Vice President, Operations
Integration.
“On behalf of my fellow board members, I thank Isabelle for her outstanding leadership and invaluable contributions, which have been
instrumental to the growth and success of CPKC,” said Trafton. “I am honoured to assume this role and look forward to collaborating closely with my fellow board members and our talented management team. Together, we remain steadfast in
our commitment to maximizing the value of CPKC for our shareholders, employees, and customers.”
About CPKC
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and
México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing approximately 20,000 railroaders, CPKC
provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain
expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR
Contacts:
Media
mediarelations@cpkcr.com
Investment Community
Chris De Bruyn
403-319-3591
investor@cpkcr.com
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