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The company also announced the departure of three executives Thursday – its upstream president Kieron Mc Fadyen, downstream president Bob Pease and chief financial officer Ivor Ruste – amid a reshuffling of its leadership team.“People in Calgary are feeling the effects of poor management but I think there’s some responsibility at the top (board-level) and I sure hope other shareholders have expressed that view to the company,” Coerente Capital Management managing director Len Racioppo said of the staffing and management changes at Cenovus.Racioppo, whose firm owns roughly 600,000 shares of Cenovus, said he’d also like to see changes at the board director level, which approved the Conoco Phillips deal he has repeatedly criticized since it diluted existing shares and forced the company to take on new debt.
We are currently planning our lineup of speakers and activities for this upcoming fair.
If you’re interested in participating as a speaker or workshop facilitator, contact Margaret Jetelina at [email protected]
It’s about knowing your goals, and reaching for your dreams - whatever those may be.
Alta Corp Capital analyst Nicholas Lupick said in a note that production guidance is below what financial analysts expected Cenovus to produce next year, partly because of the company’s plan to spend less than expected on the natural gas assets.
Providing information and inspiration on the three pillars for success in Canada — careers, education and settlement — the rebranded Canadian Immigrant Fair is returning to Calgary for its fifth annual event! to 4 p.m., at the Genesis Centre in the diverse northeast Calgary neighbourhood (7555 Falconridge Blvd NE #10, Calgary). The fair offers a dynamic environment for immigrants who need information and inspiration as they look for jobs, go back to school and settle into their new home.