Peter Zebedee is stepping down as CEO of LNG Canada at the end of this month to take a new job with Suncor (TSX: SU) (NYSE: SU).
In a press release posted on LNG Canada's web site, the LNG Canada partnership announced Zebedee is stepping down "to pursue opportunities outside of the organization," effective March 29.
Zebedee replaced former LNG Canada CEO Andy Calitz, taking on the role of CEO in June 2019. He had previously served in various roles at Shell Canada's Scotford heavy oil upgrader in Alberta, including as vice president and general manager.
“On behalf of Shell, I thank Peter for his efforts to get the facility’s major construction efforts underway and well past the halfway mark,” Ben van Beurden, CEO of Shell Plc, said in a news release.
“Peter helped create a culture of excellence, respect and commitment to safety that will endure through the remaining period of construction and 40 years of safe, clean, and reliable LNG production and export.”
Shell is the lead partner in a consortium of five companies that makes up the LNG Canada partnership.
Steve Corbin, LNG Canada’s executive project director, will take over as interim CEO until a replacement for Zebedee is found, LNG Canada said.
Zebedee is leaving as the LNG Canada project in Kitimat reaches 60% completion. The $18 billion LNG plant is part of a $40 billion investment, which includes the Coastal GasLink pipeline.
Zebedee is being tapped by Suncor. Zebedee will be assuming the role of executive vice president of Mining and Upgrading.
“The progress that the LNG Canada project has made in the past three years has been truly remarkable, especially in the context of a global pandemic,” Zebedee said in the LNG Canada news release.
“It is a testament to the strength and resilience of every individual associated with the project, and speaks to the strong and lasting relationships LNG Canada has with First Nations and local communities. I want to thank every person associated with LNG Canada, its engineering, procurement and construction contractor, JGC Fluor, its subcontractors, Coastal GasLink, Indigenous and local communities, and all levels of government for their support for this great project and asset.”
The last two CEOs of LNG Canada have been Shell executives. Shell owns 40% of the LNG Canada project.
