Suncor CEO to retire next year

The Suncor Energy Inc. mine stands at the Athabasca oil sands in this aerial photograph taken near Fort McMurray, Alberta, Canada, on Thursday, June 4, 2015. Canadian stocks rose a second day as commodities producers rallied after the price of oil climbed to the highest level this year while gold and copper led metals higher. Photographer: Ben Nelms/Bloomberg
The Suncor Energy Inc. mine stands at the Athabasca oil sands in this aerial photograph taken near Fort McMurray, Alberta, Canada, on Thursday, June 4, 2015. Canadian stocks rose a second day as commodities producers rallied after the price of oil climbed to the highest level this year while gold and copper led metals higher. Photographer: Ben Nelms/Bloomberg

Suncor chief executive Steve Williams will retire at the Canadian energy firm’s annual general meeting in May.

Chief operating officer Mark Little will take over from Mr Williams.

Suncor chairman Mike Wilson said: “Steve has demonstrated exceptionally strong leadership as president and chief executive officer at Suncor.

“Steve has been with Suncor for 16 years and has a long list of contributions, including leading the company in achieving greater reliability, profitability and environmental and safety improvement through operational excellence and ensuring the long-term resilience of the company.”

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