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
API’s Multi-Pronged Approach to Lower Carbon Operations
2025-01-28 - API has published nearly 100 standards addressing environmental performance and emissions reduction, which are constantly reviewed to support low carbon operations without compromising U.S. energy security.
Treasury’s New Hydrogen Tax Credit Regs Open Door to NatGas Producers
2025-01-05 - The U.S. Treasury Department’s long awaited 45V hydrogen tax credit will enable “pathways for hydrogen produced using both electricity and methane” as well as nuclear, the department said Jan. 3.
Energy Transition in Motion (Week of Jan. 17, 2025)
2025-01-17 - Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
Energy Transition in Motion (Week of March 14, 2025)
2025-03-14 - Here is a look at some of this week’s renewable energy news, including a record-breaking year for solar capacity additions.
Energy Transition in Motion (Week of Feb. 14, 2025)
2025-02-14 - Here is a look at some of this week’s renewable energy news, including a geothermal drilling partnership.
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.