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Kruger Steps Down as Suncor CEO, Zebedee to Take Over

Guavy AI Editorial Team
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Suncor Energy Inc. (SU-T) has announced that its CEO, Rich Kruger, will step down in April 2027. He will take on the role of executive vice-chair at the same time.

Kruger will be succeeded by Peter Zebedee, currently executive vice-president upstream at Suncor and former CEO of LNG Canada.

The move comes after Kruger's successful turnaround strategy, which has boosted the company's stock price by nearly 80% since he took over in 2023.

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