Yesterday, Suncor Energy's board of directors approved a quarterly dividend of CAD $0.52 per share on its common shares, payable Sept. 25, 2023 to shareholders of record at the close of business on Sept. 1, 2023. The board didn’t stop there, however, as they also announced a series of changes to its executive leadership team. (Source: Shutterstock.com)
On Aug. 14, Suncor Energy's board of directors approved a quarterly dividend of CAD $0.52 per share on its common shares, payable Sept. 25, 2023 to shareholders of record at the close of business on Sept. 1, 2023. The board didn’t stop there, however, as they also announced a series of changes to its executive leadership team.
Following the retirement of three senior executives, the leadership team reporting to president and CEO Rich Kruger will include Kris Smith as CFO and Shelley Powell as senior vice president of operational improvement & support services. Peter Zebedee will serve as executive vice president of oil sands, while Dave Oldreive will be executive vice president of downstream. Karen Keegans will be chief human resources officer and Jacquie Moore will serve as general counsel & corporate secretary. The position of senior vice president of strategy, sustainability and corporate development has not yet been filled.
The reorganization will occur in conjunction with the retirements of Bruno Francoeur, who is the current executive vice president of business & operations services, Paul Gardner, chief people officer and Arlene Strom, chief sustainability officer. Francoeur and Gardner are set to retire on August 31, while Strom will retire near year-end 2023.
Recommended Reading
Five Point Closes Infrastructure Fund with $1.4B in Commitments
2024-09-09 - Five Point Energy, which created newly public Permian Basin company LandBridge, said its Five Point Energy Fund IV was oversubscribed from a target of $1.25 billion.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
Post Oak-backed Quantent Closes Haynesville Deal in North Louisiana
2024-09-09 - Quantent Energy Partners’ initial Haynesville Shale acquisition comes as Post Oak Energy Capital closes an equity commitment for the E&P.
Dividends Declared Sept.16 through Sept. 26
2024-09-27 - Here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
2024-10-02 - EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.