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Acting Chief Financial Officer and Vice President and Comptroller
Mr. Grassby joined Canadian Pacific Railway early in February 2001 as Vice President and Comptroller, bringing to the railway more than 20 years of broad-based financial experience. On March 30, 2006, he was appointed Acting Chief Financial Officer.
As VP and Comptroller at CPR, Mr. Grassby is responsible for all financial reporting and disclosure, budgeting, accounts receivables, payables, property and equipment accounting as well as financial analysis. Mr. Grassby also has corporate responsibility for implementation and compliance with certain aspects of the Sarbanes Oxley Act associated with internal controls and financial reporting. Mr. Grassby also is a member of the Disclosure and Management Pension Committees at CPR.
Prior to joining CPR, Mr. Grassby was VP Finance for CAE Electronics Ltd, the world's leader in the design and production of commercial and military flight simulators. While at CAE, Mr. Grassby held numerous financial positions including Treasurer and Controller and Assistant Secretary before becoming VP Finance. Mr. Grassby spent considerable time at CAE developing their-structured finance capability that financed numerous simulator ventures across the globe.
Prior to CAE, Mr. Grassby worked for Coopers & Lybrand for seven years as an Audit Manager.
Mr. Grassby is a graduate in Commerce from McGill University and is a Chartered Accountant. | 