New CEO at Canada's Suncor Energy aims to cut costs, simplify operations

Kitco Media
By Reuters
Published:
Updated:
Reuters
WINNIPEG, Manitoba, May 9 (Reuters) - The new CEO at Canada’s Suncor Energy , the country’s second-biggest oil producer that has been dogged by safety and operational problems, said on Tuesday that he would look to cut costs, improve efficiency and simplify operations. “We need to get on with it,” CEO Rich Kruger, a former CEO of Exxon Mobil unit Imperial Oil , said on his first call with analysts since he started in the role in April. (Reporting by Rod Nickel in Winnipeg, Manitoba)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.