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Alister Cowan Named Suncor Energy Inc. (USA) (NYSE:SU)’S New Chief Financial Officer

Boston, MA 06/17/2014 (wallstreetpr) – Suncor Energy Inc. (USA) (NYSE:SU) on June 16, 2014 announced that it appointed Alister Cowan as the Chief Financial Officer of the company. His selection brought a seven-month quest of Suncor to find a suitable CFO for the company. Bart Demosky had resigned as the CFO of the company in November 2013 and since then the company had been searching for a new CFO.

He will take over as the CFO on July 21, 2014. In the meanwhile, Husky Energy Inc, the previous employer of Alister Cowan said that the replacement of Cowan would be announced in the due course of time.

Alister Cowan’s Role In Suncor Energy

The role of Alister Cowan in Suncor Energy Inc. (USA) (NYSE:SU) would be to direct the company’s financial operations, which also include enterprise risk management, internal audit, controllers, tax, investor relations along with treasury. Cowan had been performing same activities at Husky Energy Inc, where he had been working since the year 2008.

Statement Of Appreciation From Chief Executive Officer Of Suncor Energy

The Chief Executive Officer of Suncor Energy Inc. (USA) (NYSE:SU), Steve Williams said that Alister Cowan with his 30 years of experience in leading the financial functions of various companies in the utilities and energy sector, will offer a strong financial position to the company. He added that Cowan has the breadth and depth of experience which is used for building the strong financial base of a company.

About Alister Cowan

Alister Cowan had been working as the CFO of Husky Energy Inc since 2008. There, he was responsible for overall financial management of the company, which includes the same profile as that offered by Suncor Energy Inc. (USA) (NYSE:SU).

Before joining Husky, from 2004-2008, he served as the CFO and EVP of British Columbia Hydro & Power Authority.

Prior to the aforementioned position, Alister Cowan held different executive roles in the finance sector at TransAlta Corp as well as Direct Energy Marketing Limited.

He is a Chartered Accountant and also has the Bachelor of Arts degree in Accounting and Finance from Heriot-Watt University in Edinburgh, Scotland.

Published by Christine Lawrence

Christine Lawrence is a financial analyst. She loves analyzing socioeconomic trends in the background of financial moves. She has overall seven years of experience in Auditing, Finance and Writing.

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