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Ovintiv CEO To Retire

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Ovintiv CEO Doug Suttles will retire on August 1, 2021. The company’s Board of Directors has named current company president Brendan McCracken as CEO and elected him to the Board effective August 1, 2021.

Suttles said: “It has truly been an honor and privilege to lead Ovintiv over the past eight years. I want to thank the Board and the entire Ovintiv team for their support. I know Brendan well and I wholeheartedly support his appointment as CEO. He will do an exceptional job leading the company.”

McCracken began his career with the company nearly 25 years ago. He has led a broad range of functions across the business, including strategy, external affairs and operations.

McCracken Commented: “I am both humbled and excited to lead our incredibly talented and dedicated team. Doug has been a tremendous leader for our company and has created a legacy that will serve us well for years to come. Our priorities today remain unchanged as we continue to focus on reducing debt, generating free cash flow and delivering quality returns. Our team is powered by a unique culture of innovation, teamwork and discipline.”

Headquartered in Denver, Colorado, Ovintiv is one of the largest producers of oil, condensate, and natural gas in North America.

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