(Reuters) - Canadian Pacific Railway Ltd (TO:CP) (N:CP), Canada's No. 2 railroad operator, reported a 20.4 percent jump in quarterly profit on Wednesday, and said Keith Creel will become the company's chief executive, replacing Hunter Harrison.
CP's profit rose to C$384 million ($290 million), or C$2.61 per share, in the three months ended Dec. 31, from C$319 million, or C$2.08 per share, a year earlier.
Revenue fell about 3 percent to C$1.6 billion.