
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
Gigablue Enters CCS Agreement with Investment Firm SkiesFifty
2025-01-14 - Carbon removal company and investment firm SkiesFifty have partnered to sequester 200,000 tons of CO2 over the next four years.
Expand Appoints Dan Turco to EVP of Marketing, Commercial
2025-02-13 - Expand Energy Corp. has appointed industry veteran Dan Turco as executive vice president of marketing and commercial.
Rising Phoenix Capital Launches $20MM Mineral Fund
2025-02-05 - Rising Phoenix Capital said the La Plata Peak Income Fund focuses on acquiring producing royalty interests that provide consistent cash flow without drilling risk.
Equinor Commences First Tranche of $5B Share Buyback
2025-02-07 - Equinor began the first tranche of a share repurchase of up to $5 billion.
Chevron Makes Leadership, Organizational Changes in Bid to Simplify
2025-02-24 - Chevron Corp. is consolidating its oil, products and gas organization into two segments: upstream and downstream, midstream and chemicals.
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.