CALGARY, Alberta - Suncor Energy (TSX: NYSE:SU) (NYSE: SU), Canada's leading integrated energy company, announced significant changes to its Board of Directors. The company revealed the retirement of Michael Wilson, the current Chair of the Board, and Dennis Houston, a board member. Both will step down following the company's policy on Director retirement, with their departures effective at the 2024 Annual General Meeting.
Michael Wilson has been with Suncor's Board since 2014 and took on the role of Chair in 2017. Dennis Houston joined the board in 2018 and has served on various committees, including the Human Resources and Compensation Committee and the Environment, Health, Safety and Sustainable Development Committee. President and CEO Rich Kruger expressed gratitude for their service and contributions to Suncor's growth and governance.
Suncor also announced Russ Girling, a member of the Board since 2021, as the incoming Chair, effective March 15, 2024. Girling brings over 35 years of energy industry experience, including a decade as President and CEO of TransCanada Pipelines Limited and TC Energy (NYSE:TRP) Corporation. His previous roles at TC Energy, where he worked for 26 years, included seven years as Chief Financial Officer.
Rich Kruger welcomed Russ Girling to his new position, highlighting his extensive experience and leadership skills as valuable assets for the company's future endeavors. Suncor's business strategy aims to create value and includes oil sands development, offshore oil production, refining, and the Petro-Canada retail and wholesale distribution networks. The company is also focused on the transition to a low-emissions future with investments in renewable energy and power.
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