04:55 PM EDT, 04/18/2024 (MT Newswires) -- Canadian National Railway ( CNI ) after trade Thursday said Remi Lalonde will serve as its chief commercial officer, effective April 24, 2024. He will succeed Doug MacDonald who will retire from CN following a career of nearly 35 years.

Lalonde, the former President and CEO of a publicly traded Quebec-based forest products company with international customers, only joined CN in January. Since his arrival, the company said, "he has been embedded within CN's operations, gaining first-hand experience with scheduled railroading and executing CN's 'Make the Plan, Run the Plan, Sell the Plan' model. Following his introduction to operations, Remi has been meeting customers and working closely with Doug and the team to ensure a seamless transition to the commercial side of the organization."

CNR shares closed up C$0.18 to C$175.11 on the Toronto Stock Exchange.