CALGARY, ALBERTA -- (Marketwired) -- 06/11/13 -- Encana (TSX: ECA)(NYSE: ECA) -
Editors Note: There is a photo associated with this release.
Encana announced today that its Board of Directors has appointed Doug Suttles as its President & Chief Executive Officer and a director of the company.
Doug Suttles is a seasoned executive, with 30 years of oil and gas leadership experience. He has led oil and gas businesses in numerous countries and consistently delivered strong results. Most recently, Doug has served as Chief Operating Officer, BP Exploration & Production. He is a mechanical engineer and a 2008 recipient of the University of Texas Mechanical Engineering Distinguished Alumni Award.
"After an extensive global search, Doug stood out as the ideal candidate to lead Encana into its next phase of growth and development," says Clayton Woitas, Director and designated future Chairman of the Board. "The Board is pleased he has chosen to take on the role of President & CEO given his strategic leadership capabilities, demonstrated communications skills, and track-record of building strong organizations of similar size and scope."
"I am excited to take the helm of one of North America's leading energy producers," says Doug Suttles. "Encana has a reputation for innovation and excellence, a tremendous set of assets, and dedicated employees that I am honored to be a part of. Over the coming months, I look forward to working with the entire organization as we shape a strategy and plan that will grow shareholder value and unlock Encana's full potential."
A conference call will be held for the investment community today, beginning at 9 a.m. MT (11 a.m. ET). To participate, please dial (888) 231-8191 (toll-free in North America) or (647) 427-7450 approximately 10 minutes prior to the conference call. An archived recording of the call will be available from approximately 2 p.m. ET on June 11 until midnight June 18, 2013, by dialing (855) 859-2056 or (416) 849-0833 and entering passcode 94439053.
To listen to the webcast of the conference call visit http://www.encana.com/investors/presentations-events.
Clayton Woitas and Doug Suttles will also conduct a media roundtable at approximately 10:30 a.m. MT at Encana's corporate head office, THE BOW (500 Centre Street SE, Calgary). Media are asked to RSVP to 403-585-4570 or email@example.com and to arrive no later than 10:15 a.m. Due to the required check-in security process at THE BOW, only registered media will be able to gain access to the roundtable. Registration will take place in THE BOW lobby.
Encana is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
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