Globe says Suncor hires LNG Canada's CEO ZebedeeSuncor Energy Inc (C:SU)
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Wednesday March 23 2022 - In the News
The Globe and Mail reports in its Wednesday edition that Peter Zebedee is stepping down as LNG Canada's chief executive officer to join Suncor Energy as a vice-president. The Globe's Brent Jang writes that his exit takes effect on March 29, nearly 33 months after he took over the top job at LNG Canada, which is building an $18-billion terminal to export liquefied natural gas from Kitimat, B.C.; Shell PLC is the largest partner in LNG Canada, with a 40-per-cent interest. The other partners are Malaysia's state-owned Petronas (25 per cent), PetroChina (15 per cent), Japan's Mitsubishi Corp. (15 per cent) and South Korea's Kogas (5 per cent). Prior to LNG Canada, Mr. Zebedee served as general manager of Shell's Scotford oil refinery near Edmonton. "The progress that the LNG Canada project has made in the past three years has been truly remarkable, especially in the context of a global pandemic," he said in a statement on Tuesday. Steve Corbin, executive project director at LNG Canada, has been named as interim CEO of the Kitimat project. Mr. Zebedee's role at Calgary-based Suncor will be executive vice-president of mining and upgrading, taking effect in April. He will be replacing the retiring Mike MacSween.