Management ChangeAug 6, 2026, 08:18 AM
Suncor Energy Announces CEO Transition; Peter Zebedee to Lead
AI Summary
Suncor Energy announced a planned executive leadership transition. Current President and CEO Rich Kruger will move to Executive Vice Chair in April 2027. Peter Zebedee, currently Executive Vice President Upstream, will succeed Kruger as President and CEO at that time. To facilitate this, Zebedee will be appointed President and Chief Financial Officer on September 14, 2026. Additionally, Adam Albeldawi will become Executive Vice President Upstream and Shelley Powell will become Executive Vice President Development and Projects, effective September 14, 2026. Former CFO Troy Little has departed the company.
Key Highlights
- Rich Kruger to transition from President and CEO to Executive Vice Chair in April 2027.
- Peter Zebedee to become President and CEO in April 2027.
- Peter Zebedee appointed President and CFO on September 14, 2026, overseeing non-operating functions.
- Adam Albeldawi to become Executive Vice President Upstream on September 14, 2026.
- Shelley Powell to become Executive Vice President Development and Projects on September 14, 2026.
- Troy Little, former Chief Financial Officer, is no longer with the company.
Price Impact
More from SU