Gulf Oil and Gas accountACCOUNT

Peter Dea Named as Ovintiv Board Chairman

Source: 5/27/2020, Location: North America

Ovintiv Inc. announced that Peter A. Dea will succeed Clayton H. Woitas, 71, as its chairman of the board. Ovintiv President Michael McAllister also announced plans to retire after 20 years with the Company and nearly 40 years in the industry. Both changes are effective June 30, 2020.

Dea, who has more than 30 years of experience in the exploration and production (E&P) industry, will assume leadership of the Ovintiv board, where he has been a member since 2010. Throughout his career, Dea has successfully led both public and private E&P companies and has extensive board experience. Previously, he served as CEO of Barret Resources (1999-2001); president and CEO of Western Gas Resources (2001-2006); currently president and CEO of Cirque Resources LP (since 2007); and executive chairman of Confluence Resources LP (since 2016). He has a bachelor of arts in geology from Western Colorado University and a master of science in geology from the University of Montana.

"Under Clayton's board leadership, Ovintiv has successfully transitioned from a diverse natural gas-focused company to a large, independent crude oil and condensate producer," said Dea. "We are fortunate that Ovintiv has an engaged and proven board with a collection of diverse experiences which is particularly important in these challenging times. On behalf of the board and leadership team, I would like to thank Clayton for his leadership, guidance and commitment to the Company's success over the last 12 years," added Dea.

In his roles as president and chief operating officer, McAllister has been instrumental in driving exceptional operating performance across the company. Under his leadership, the company has become an industry leader in safety, development of unconventional resources and efficiency.

Upon McAllister's retirement, CEO Doug Suttles will assume the responsibilities of president.

"I'd like to thank both Clayton and Mike for their countless contributions to Ovintiv over many years. Their efforts have helped us drive innovation, manage challenges and transform Ovintiv into a leading North American resource company," said Suttles. "We look forward to having Peter as our new board chair. Throughout his 10 years on the Ovintiv board, his counsel, based on many years of diverse experience, has proven invaluable."

Following Woitas' retirement, Ovintiv will reduce the board from 12 directors to 11, with 10 classified as independent.

Executive Recruiting News in Canada >>

Australia >>  7/1/2020 - Comet Ridge Limited is pleased to announce the appointment of Mr Phil Hicks as Chief Financial Officer, effective 1 July 2020. Mr Hicks is a qualified...
Germany >>  7/1/2020 - Alfa Laval announces that Johan Lundin will take up the position as Investor Relation (IR) Manager, from August 17, 2020. Johan has a deep and wide ex...

United Kingdom >>  7/1/2020 - Archer Knight, the subsea market intelligence and consultancy specialist, has made a series of key appointments as it welcomes an exciting period of g...
Australia >>  6/30/2020 - Senex Energy Limited has appointed Ms Glenda McLoughlin as an independent nonexecutive director of the Senex Board with effect from 1 July 2020. ...

Denmark >>  6/30/2020 - Kasper Karlsen, Senior Director at Maersk Drilling, will join Svitzer Europe as Chief Operating Officer from 1 July 2020, the company has announced. ...
Ireland >>  6/30/2020 - San Leon, the independent oil and gas production, development and exploration company focussed on Nigeria, announces that Mark Phillips, Non-Executive...

Canada Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.