Suncor cancels investor update in wake of CEO's resignation - BNN Bloomberg

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Suncor cancels investor update in wake of CEO's resignation - BNN Bloomberg
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Suncor Energy has cancelled its planned investor update about oilsands operations and safety in the wake of last week's resignation of chief executive Mark Little.

Suncor Energy Inc. has cancelled its planned investor update about oilsands operations and safety in the wake of last week's resignation of chief executive Mark Little.

One day later, the company announced Little would immediately step down. In a news release, board chair Michael Wilson cited"the critical need for change" due to Suncor having"fallen short" of its own safety and operational standards. In addition to last week's workplace death, Suncor's tarnished safety record includes the death of a contractor in a truck crash at the company's Base Mine site in January, as well as an incident in 2021 involving a bulldozer colliding with a pickup truck at the Fort Hills oilsand mine. That incident resulted in the deaths of two contract workers.

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