Suncor announces changes to executive leadership team

Suncor is sharing a series of changes to its executive leadership team.

The changes are designed to drive greater clarity, simplicity and focus on corporate strategy, business fundamentals, execution excellence and sustainability. The announcement, which includes several people new to Suncor, follows the retirement of three senior executives.

"Our new executive leadership team structure is consistent with the priority to develop a simpler, more focused, high performing organization," said president and CEO Rich Kruger. "It establishes clearer accountabilities and line of sight to deliver improved financial and operating performance at lower costs."

The company's new leadership team, which reports to Kruger, will include:

• Kris Smith, CFO
  • Responsible for all financial functions, internal audit, investor relations, information technology and supply chain. Smith will also remain the company's executive lead on the Pathways Alliance.

• Peter Zebedee, executive vice-president - oil sands
  • Responsible for all oil sands operations including mining, in situ, drilling and upgrading. Previously responsible for mining and upgrading, his added responsibilities are targeted to achieve further synergies within the company's oil sands assets.

• Dave Oldreive, EVP - downstream
  • Responsible for refining, sales and marketing, midstream logistics and supply, trading and optimization. Oldreive joined the company on June 19, 2023, with extensive Canadian and international downstream experience.

• Shelley Powell, SVP - operational improvement & support services
  • Responsible for corporate environmental, health and safety, operational risk management, technical &and operations support, major capital projects and non oil sands upstream. Powell was previously SVP - in situ and exploration and production.

• Karen Keegans, chief human resources officer
  • Responsible for talent and culture, leadership development, human resources operations, labour relations, communications and community investments. Keegans joined the company on July 24, 2023, with a wealth of human resources experience.

• Jacquie Moore, general counsel & corporate secretary
  • Responsible for legal operations and corporate governance with government relations and Indigenous relations to be added to her current portfolio later this year.

The company is currently recruiting for the role of SVP - strategy, sustainability and corporate development: Chief sustainability officer, Arlene Strom, is to retire near year-end 2023.

In addition, Bruno Francoeur, currently EVP - business & operations services, and Paul Gardner, currently chief people officer, will both retire on August 31, 2023.