Suncor Energy Inc. says Mark Little has stepped down as president and chief executive officer and resigned from its board of directors, effective immediately.
The announcement came a day after the company announced that a contractor was killed at its Base Mine north of Fort McMurray, Alta. The fatalities have caught the attention of activist investor Elliot Investment Management, who earlier this spring pointed a finger at Suncor’s safety record as part of its case for an overhaul of the company’s board and management.
“Suncor is committed to achieving safety and operational excellence across our business, and we must acknowledge where we have fallen short and recognize the critical need for change,” said Wilson.
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