Cenovus Energy Appoints Alex Pourbaix As President & CEO - Quick Facts

(RTTNews) - Cenovus Energy Inc. (CVE.TO, CVE) announced the appointment of Alex Pourbaix as President & CEO and member of the Board, effective November 6. He replaces Brian Ferguson.

Pourbaix spent the past 27 years in a variety of leadership roles with TransCanada Corporation and its affiliates until he retired from that company in May. In his most recent role as Chief Operating Officer, he was responsible for the profitability and growth of TransCanada's commercial businesses, including leadership of major commercial initiatives such as the development of the company's power and oil pipeline businesses and responsibility for all of the company's operations, development and construction activities.