Suncor Appoints Husky Energy's Cowan as CFO

June 16, 2014

Suncor Energy Inc , Canada's largest integrated oil and gas producer, said on Monday it has appointed Alister Cowan as its chief financial officer, ending a seven-month search.

Cowan has had the same role at Husky Energy Inc, the country's No. 3 integrated oil producer, since 2008. He takes over as CFO at Suncor on July 21.

"With almost 30 years' experience leading the finance function for a number of companies in the energy and utilities sectors, Alister has the breadth and depth of experience required to build on Suncor's strong financial position," Suncor Chief Executive Officer Steve Williams said in a statement.

Suncor has been looking for a new chief financial officer since Bart Demosky resigned in late November.

Husky said in a release that it will name Cowan's replacement "in due course".

Suncor shares were up 33 Canadian cents at C$46.68 on Monday morning on the Toronto Stock Exchange, while Husky rose 25 Canadian cents to C$37.18.

(Reporting by Scott Haggett; Editing by Peter Galloway)

Logistics News

BIMCO, ICS Report Warns of Possible Shortage of STCW Certified Officers

BIMCO, ICS Report Warns of Possible Shortage of STCW Certified Officers

France to Export Four Barley Cargoes to China

France to Export Four Barley Cargoes to China

Mitsubishi Shipbuilding Receives Order for Ammonia Fuel Handling System

Mitsubishi Shipbuilding Receives Order for Ammonia Fuel Handling System

Cavotec Inks Southern California Shore Power Order

Cavotec Inks Southern California Shore Power Order

Subscribe for Maritime Logistics Professional E‑News

US Safety Agency Ends Power Steering Probe into 376,000 Tesla Electric Vehicles
Norway oil service lockout comes into effect and disrupts offshore drilling
Norway's oil and gas production could drop by 12,000 boepd due to lockout, strike next week