Activist Shareholder Blames CN Board as Preferred CEO Candidate Bows Out

MONTREAL — An activist shareholder of Canadian National Railway Co. has blamed the company's board of directors for failing to secure its preferred candidate for a new chief executive of the railway. SNC RY BCE CMI CN announced on Monday that Jim Vena had told the company he was no longer interested in the position, which is opening up as current CEO Jean-Jacques Ruest is set to retire at the end of January...