Leadership Appointments at Canadian Association of Petroleum Producers
The Canadian Association of Petroleum Producers (CAPP) proudly announces the selection of Jon McKenzie as the new Chair of its Board of Directors. McKenzie, who previously held the position of Vice-Chair, brings extensive experience in finance and operations amassed over three decades within the Canadian oil and gas sector. His tenure is set for two years as he takes on this critical role.
Insights from CAPP’s President
Lisa Baiton, President and CEO of CAPP, expressed her enthusiasm regarding McKenzie’s appointment. "Jon's strategic leadership and industry expertise will be vital in guiding the Board's work effectively. I look forward to collaborating closely with him as we strive to showcase the significant contributions our oil and natural gas sector can make towards Canada’s future prosperity," she remarked.
New Vice-Chair Strengthens the Board
Adding to the leadership team, Terry Anderson, who serves as President and CEO of ARC Resources, has been appointed as the Vice-Chair. His term is set to last until December 2025. Anderson has played a pivotal role over the last twenty years in steering ARC's engineering and operations to become the top pure-play Montney producer in Canada. His leadership in this capacity is expected to bring valuable insights to CAPP.
Impact on Economic Growth
Baiton acknowledged Anderson's contributions, stating, "Terry’s robust governance approach and vision for value creation will help unlock new pathways for the sector, fostering economic progression and the provision of affordable energy for Canadians." This collaborative leadership structure aims to elevate CAPP's initiatives aimed at sustaining growth in the oil and gas sector.
Gratitude for Outgoing Chair
CAPP also expressed sincere appreciation for the efforts of the outgoing Chair, Paul Myers, President of Pacific Canbriam Energy. His commitment to the advancement of Canada's energy landscape and sustainability initiatives has been commendable during his tenure. The Board is eager to continue collaborating with Myers in his ongoing role at Pacific Canbriam Energy and his capacity as a Director at CAPP.
About CAPP
Established as a non-partisan, research-driven industry body, the Canadian Association of Petroleum Producers (CAPP) advocates on behalf of its member companies—ranging from small enterprises to major corporations involved in the exploration, development, and production of oil and natural gas throughout Canada. Together, CAPP members account for nearly three-quarters of the country's annual production.
Economic Contributions of CAPP Members
CAPP's initiatives substantially contribute to the Canadian economy, with estimates indicating a robust $70 billion boost to the national GDP. Furthermore, the industry is responsible for the creation of approximately 450,000 direct and indirect jobs throughout the country. Their operations generate around $45 billion in taxes and royalties distributed across various levels of government.
Commitment to Sustainability
In addition to their economic contributions, CAPP members are dedicated to addressing environmental sustainability. They actively engage in efforts to reduce greenhouse gas emissions associated with oil and gas production and promote Indigenous participation, aiming to support community prosperity.
Contact for More Information
For further insights or details regarding CAPP's operations and leadership, please reach out to Elisabeth Besson, Media and Issues Manager at CAPP. She can be contacted via email at Elisabeth.besson@capp.ca or by calling 403.465.2548.
Frequently Asked Questions
What is the purpose of CAPP?
The Canadian Association of Petroleum Producers (CAPP) advocates for the oil and gas industry, representing its member companies in discussions related to policies, regulations, and industry practices.
Who is the new Chair of CAPP?
Jon McKenzie, the President and CEO of Cenovus Energy, has been appointed as the new Chair of CAPP for a two-year term.
What responsibilities does the Vice-Chair have?
The Vice-Chair, currently Terry Anderson of ARC Resources, supports the Chair in leading the Board and overseeing the direction of CAPP's initiatives.
What are CAPP's contributions to the Canadian economy?
CAPP members collectively contribute over $70 billion to Canada's GDP and provide approximately 450,000 jobs across the nation.
How does CAPP approach sustainability?
CAPP actively implements initiatives to reduce greenhouse gas emissions and encourages Indigenous participation in the energy sector, aiming for a balanced approach to economic and environmental stewardship.
