Cenovus Energy announced that as part of the company’s leadership succession plan, Alex Pourbaix will shift to the role of Executive Chair and Jon McKenzie, the company’s current Executive Vice-President & COO, will become President & CEO. These changes will take effect at the conclusion of the company’s annual general meeting scheduled for April 26. At the AGM, McKenzie will be nominated for election to the Board of Directors. McKenzie has more than three decades of finance and operations experience, primarily in the Canadian oil and natural gas industry. He joined Cenovus in 2018 as CFO, and was instrumental in Cenovus’s strategic merger with Husky Energy, where he served as CFO from 2015 to 2018.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CVE:
- Cenovus announces 2022 full-year and fourth-quarter results
- Cenovus announces President & Chief Executive Officer succession
- Cenovus to hold fourth-quarter, full-year 2022 results conference call and webcast February 16
- Cenovus Energy price target lowered to C$31 from C$32 at CIBC
- Cenovus Energy price target lowered to C$31 from C$33 at Scotiabank
