Suncor cancels investor update in wake of CEO's resignation

South Africa News News

Suncor cancels investor update in wake of CEO's resignation
South Africa Latest News,South Africa Headlines
  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 52%

Suncor Energy Inc. has cancelled a planned investor update about oilsands operations and safety

Last Thursday, however, Suncor suffered another workplace death, this time of a contractor at its Base Mine near Fort McMurray, Alta.

“The issue isn’t a one-person situation,” Skolnick wrote. “This is about the corporate culture where accidental deaths have plagued the company even prior to Mr. Little’s tenure as CEO began in 2019.” Another worker died in 2021 when the bulldozer he was driving fell through the ice of a tailings pond at Suncor’s Base Mine.Suncor shares were trading at $41.42 as of midday Monday, down 2.4 per cent from Friday’s closing price.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

calgaryherald /  🏆 64. in CA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Suncor searches for its next CEO as Mark Little exitsSuncor searches for its next CEO as Mark Little exitsWhen it came to Suncor’s safety record, former CEO Mark Little said the buck stopped with him. He resigned a day after a Suncor worker died on July 7
Read more »

New CEO alone won’t fix Suncor safety woes: Analysts - BNN BloombergNew CEO alone won’t fix Suncor safety woes: Analysts - BNN BloombergThe abrupt departure of Mark Little as Suncor Energy Inc.'s president and chief executive is not a silver bullet for a company that has been beset by safety concerns in recent years, analysts said.
Read more »

Suncor CEO resigns, company cancels investor update | Globalnews.caSuncor CEO resigns, company cancels investor update | Globalnews.caSuncor Energy Inc. has cancelled a planned investor update about oilsands operations and safety in wake of CEO Mark Little's resignation.
Read more »

Suncor cancels planned investor update in wake of CEO’s resignationSuncor cancels planned investor update in wake of CEO’s resignationThe event was to take place Wednesday and give investors an update on what Suncor is doing to improve safety performance and operations at its oil sands facilities
Read more »

Suncor CEO's abrupt resignation after worker fatality may signal broader executive shakeupSuncor CEO's abrupt resignation after worker fatality may signal broader executive shakeupSuncor will likely need further resignations in its executive ranks to achieve a culture shift, one analyst says. Find out more.
Read more »

Suncor CEO's abrupt resignation after worker fatality may signal broader executive shakeupSuncor CEO's abrupt resignation after worker fatality may signal broader executive shakeupSuncor will likely need further resignations in its executive ranks to achieve a culture shift, one analyst says. Find out more.
Read more »



Render Time: 2025-04-06 20:02:37