Suncor CEO Rich Kruger to step down next year, stay on at company
Suncor Energy CEO Rich Kruger will step down from his position next year to transition into an executive vice-chair role. Peter Zebedee, currently the executive vice-president of upstream operations, is set to succeed him as CEO in April 2027.
Why it matters
This leadership transition marks a significant shift for one of Canada's largest energy companies as it continues to focus on operational efficiency and safety improvements.
Suncor CEO Rich Kruger to step down next year, stay on at company The Canadian Press Thu, August 6, 2026 at 2:59 p.m. EDT 2 min read SU.TO -2.36% Suncor Energy Inc. president and CEO Rich Kruger waits to appear before the House of Commons Standing Committee on Natural Resources in Ottawa, Monday, Oct. 16, 2023. THE CANADIAN PRESS/ Patrick Doyle - The Canadian Press CALGARY — Suncor Energy Inc. says its president and CEO Rich Kruger will step down from the top job next year but stay on at the company.
The oilsands giant said Thursday that Kruger will move to the role of executive vice-chair in April 2027, when Peter Zebedee will become chief executive.
It says that in preparation of taking on the role, Zebedee will become president and chief financial officer as of Sept. 14. He's currently executive vice-president of upstream operations.
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