Suncor announced that in January 2024, Kent Ferguson will take on the role of senior vice-president, strategy, sustainability and corporate development, reporting directly to Rich Kruger, president and CEO. The appointment concludes the reconfiguration of Suncor's executive leadership team.
Ferguson brings over 25 years of energy industry experience to the role, including an extensive understanding of the Canadian market. Throughout his career at RBC, Ferguson has had a variety of roles leading global and energy market activities. His most recent position was the managing director and co-head of global energy at RBC Capital Markets. While with RBC, Ferguson served as a driving force on several key initiatives including Indigenous finance, climate change, emissions, energy policy, sustainable finance, environmental markets, energy transition, as well as diversity and inclusion.
"Kent will be an outstanding addition to our executive leadership team," says Kruger. "His expertise in strategy development and assessing shareholder value will be an excellent addition to the company's senior executive capabilities. He is well prepared to integrate our business planning, development, sustainability, and commercial functions to drive our organization's strategy into the future."