Cenovus Energy Inc. (
TSX: T.CVE,
NYSE: CVE,
Forum) has chosen Alex Pourbaix to be the company’s new President and Chief Executive Officer.
Pourbaix was previously chief operating officer at TransCanada Corp. before he retired earlier this year.
He moves into the CEO role at Cenovus on November 6, 2016.
He replaces Brian Ferguson, who is retiring after spending more than 30 years with Cenovus and its predecessor companies.
Cenovus is an integrated oil company with oilsands projects in northern Alberta as well as natural gas and oil production in Alberta, British Columbia and Saskatchewan.