Suncor Power Inc. says Steve Williams will retire as chief government after the corporate’s annual assembly subsequent Could.
Williams, 62, joined Suncor in 2002 and took the helm of Canada’s largest power producer by market capitalization from longtime CEO Rick George when he retired in 2012.
Williams has been one of many extra outspoken CEOs within the oilpatch, insisting just lately the corporate will approve no new main enlargement tasks till Canada’s export pipeline entry downside is resolved.
READ MORE: Suncor CEO says firm received’t approve extra oil manufacturing expansions with out progress on pipelines
He has additionally led the way in which in assist for environmental initiatives and was one in all 4 power firm leaders to face alongside Alberta Premier Rachel Notley in 2015 when she unveiled the province’s sweeping local weather plan, which included a rising carbon tax.
The corporate says Mark Little, 56, will commerce in his chief working officer title to turn out to be president efficient instantly and can assume the CEO’s function in Could.
READ MORE: Calgary-based Suncor Power studies Third-quarter working revenue of $1.56B
Little joined Suncor in 2008 and has served in a number of management roles within the firm’s oilsands and worldwide and offshore operations.
“It’s been a privilege to guide Suncor. I’m making this transition now, figuring out that it’s a very good time to take action,” stated Williams in a press release.
“Due to a sound technique grounded in operational excellence and capital self-discipline, a wholesome stability sheet, and an ongoing concentrate on sustainability and expertise and innovation, I’m optimistic about Suncor’s future below Mark’s management.”
Watch under: Some movies from World Information’ protection of Suncor Power.