Suncor Energy (SU) Declares $0.36 Quarterly Dividend; 4.3% Yield

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Suncor CEO to retire next year, be replaced by COO

November 14, 2018 5:36 PM EST

(Reuters) - Suncor Energy Inc said on Wednesday its chief executive will retire mid-next year, with the company's chief operating officer taking over the top job at that time.

Steve Williams, who has been with the company for 16 years and CEO since 2012, will step down after Suncor's Annual... More

Suncor Energy (SU) Announces CEO Transition Plan; COO Mark Little to Succeed Steve Williams as CEO Following Retirement in May 2019

November 14, 2018 5:26 PM EST

Suncor (NYSE: SU) today announced that Steve Williams will retire as chief executive officer at the company's Annual General Meeting on May 2, 2019. Mark Little, chief operating officer is appointed president effective immediately and will assume the role of chief executive officer upon Williams retirement next May.

Steve has demonstrated exceptionally strong leadership as president and chief executive officer at Suncor, said Mike Wilson, chair of Suncors Board of Directors. Steve has been with Suncor for 16 years and has a long list of contributions, including leading the company in achieving greater reliability, profitability and environmental and safety... More