With the trust idea, they would put EHH in as CEO of NS. Perhaps they do not expect or care if the STB or others approve it. After EHH takes over as CEO they could just withdraw the application and he's in place to 'Hunterize' another railroad.
Mr. Ackman is his buddy and has the financial power to start a major bluff to get EHH in as CEO. By putting CP in trust they move Mr. Hunter to NS and promote his assistant to CP head. They get what they want with out a merger.
I suspect Mr. Ackman's in it strictly for the money. EHH probably wants to build himself a monument.
Firelock76 I suspect Mr. Ackman's in it strictly for the money. EHH probably wants to build himself a monument.
+1 (and then some!)
But, EHH is an operating man. He really is the COO wherever he goes. He might be able to wear the CEO hat sucessfully at a smaller RR like CP where the top operating man can keep the whole operating plan in his head, but CEO at road the size of NS or CSX is a different job.
-Don (Random stuff, mostly about trains - what else? http://blerfblog.blogspot.com/)
"+1" I suppose EHH thinks he'll just have a dispatcher's board installed at his residence so he can micro-manage the train and light engine operations, just like he did at ICG . . .
I was surprised at the size/ statistics comparision between NS and CP in the February 2016 issue of Trains. Essentially CP is only 1/3 to 40% of NS by most of those measures. CP is mostly straight lines, but NS is a real 'spiderweb' network - with all the good and bad that entails.
- Paul North.
Is this a typo in the topic line of this thread? Should there be an "i" between the "u" and "n" in the word run?
Mark Meyer
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