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Experienced in supply chain management and logistics and having supervised a budget of about $160 million, Michael D. Schoenfeldt served in the U.S. Army for more than 20 years. Michael D. Schoenfeldt follows developments in the U.S. railway industry, including Canadian Pacific Railway’s 2021 purchase of Kansas City Southern (KCS).
If approved, the merger will result in the only single-line railroad connecting Canada, the United States, and Mexico. Integration will take place over three years, and KCS’ shares will be removed from the voting trust to ensure the companies’ independence until the merger. The combined company will be named Canadian Pacific Kansas City Limited (CPKC).