Suncor announced James W. Simpson, a current member of the Board of Directors, as the new Board Chair following the retirement of John Ferguson in April.
Ferguson was a member of Suncor’s Board of Directors since November 1995, and has served as Chair since 2007. Working with the Board of Directors and the company’s senior leadership team, he has overseen Suncor’s growth and development as Suncor became Canada’s largest energy company and the fifth largest in North America.
“Suncor has benefitted greatly from John’s unwavering commitment to Suncor and our shareholders, his sound business judgment and his focus on good governance”, said Steve Williams, president and CEO. “He’s brought a strong spirit of collaboration, discipline and integrity to our Board discussions.” “We’re pleased to welcome Jim as our new Board Chair,” continued Williams. “We look forward to working with him in this role and know we will benefit from his extensive industry and leadership experience.”
Appointed to Suncor’s Board of Directors in 2009, Simpson was most recently the Chair of Suncor’s Human Resources and Compensation Committee. Formerly a director of Petro-Canada, Simpson is the past president of Chevron Canada Resources as well as the past Chair of the Canadian Association of Petroleum Producers and past Vice Chair of the Canadian Association of the World Petroleum Congress.