Calgary, Alberta–(Newsfile Corp. – August 14, 2023) – Suncor (TSX: SU) (NYSE: SU) declared currently a sequence of variations to its govt management workforce. The changes are designed to travel better clarity, simplicity and focus on corporate method, small business fundamentals, execution excellence and sustainability. Following the retirement of three senior executives, the company’s management group reporting to Abundant Kruger, President and Main Executive Officer will contain:
- Kris Smith, Main Financial Officer
- Accountable for all economic capabilities, inner audit, trader relations, information and facts technological know-how and provide chain. Kris will also continue being the company’s executive direct on the Pathways Alliance.
- Peter Zebedee, Executive Vice President – Oil Sands
- Accountable for all oil sands operations like mining, in situ, drilling and upgrading. Formerly liable for mining & upgrading, Peter’s added responsibilities are qualified to attain more synergies inside the company’s oil sands assets.
- Dave Oldreive, Government Vice President – Downstream
- Liable for refining, profits & promoting, midstream logistics and provide, trading & optimization. Dave joined the organization on June 19, 2023, with in depth Canadian and worldwide downstream working experience.
- Shelley Powell, Senior Vice President – Operational Advancement & Assist Products and services
- Dependable for company environmental, wellbeing & basic safety, operational possibility management, technical & functions support, significant funds initiatives and non oil sands upstream. Shelley was formerly Senior Vice President – In Situ and Exploration & Production.
- Karen Keegans, Main Human Assets Officer
- Dependable for expertise and lifestyle, management development, human means operations, labour relations, communications and community investments. Karen joined the corporation on July 24, 2023, with a wealth of human assets experience.
- Jacquie Moore, Standard Counsel & Corporate Secretary
- Dependable for legal functions and company governance with government relations and Indigenous relations to be additional to her latest portfolio later this 12 months.
- Senior Vice President – Method, Sustainability and Corporate Enhancement
- This position will be accountable for approach, sustainability, funds portfolio, commercial and progress routines. A evaluation of inner and exterior candidates is underway.
“Our new executive management staff framework is reliable with the precedence to acquire a easier, a lot more focused, large carrying out group,” stated Abundant Kruger. “It establishes clearer accountabilities and line of sight to provide enhanced monetary and operating efficiency at reduce fees.”
The reorganization will arise in conjunction with the retirements of 3 executives: Bruno Francoeur, at present Government Vice President – Small business & Functions Products and services, and Paul Gardner, presently Chief Folks Officer, who will equally retire on August 31, 2023 and Arlene Strom, Chief Sustainability Officer who will retire in close proximity to yr-conclude 2023.
The Board of Administrators and Management thank the retiring executives for their lots of contributions and assistance to the business and wish them perfectly. The Board also seems forward to operating with the new government leadership team in its generate to create sector-top effectiveness.
Suncor Vitality is Canada’s leading integrated electrical power firm. Suncor’s operations consist of oil sands development. production and upgrading, offshore oil and fuel generation, petroleum refining in Canada and the U.S. and the company’s Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coastline-to-coastline network of fast-charging EV stations. Suncor is acquiring petroleum assets whilst advancing the transition to a very low-emissions upcoming by investment in power and renewable fuels. Suncor also conducts strength trading activities concentrated principally on the marketing and advertising and trading of crude oil, all-natural gasoline, byproducts, refined goods and ability. Suncor has been recognized for its functionality and transparent reporting on the Dow Jones Sustainability North American Index, FTSE4Good Index and CDP. Suncor’s typical shares (image: SU) are detailed on the Toronto and New York stock exchanges.
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