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Suncor Vitality (NYSE:SU) mentioned Friday that Mark Little will step down as President and CEO and resign from the board, efficient instantly.
The board named present Downstream govt VP Kris Smith as interim CEO, whereas the corporate launches a world search to pick out the following CEO.
Little joined Suncor (SU) in 2008, and rose to change into President and CEO in 2019; he has 34 years of worldwide vitality trade expertise, together with 23 years at Imperial Oil/Exxon Mobil.
Smith beforehand served as senior VP of Provide, Buying and selling and Company Growth and held a number of govt roles in Oil Sands.
“Suncor is dedicated to attaining security and operational excellence throughout our enterprise, and we should acknowledge the place we now have fallen brief and acknowledge the crucial want for change,” Board Chair Michael Wilson mentioned.
A contractor employee died this week in an accident at Suncor’s (SU) oil sands base plant web site in Alberta, the thirteenth fatality from accidents on the firm’s operations since 2014.
