He also talked up the importance of “organizational efficiency” and suggested that there are ways to trim the company and reduce costs.
Kruger’s ability to turn around the flagging fortunes of one Canada’s largest energy companies will be heavily scrutinized by many – including U.S.-based activist investor Elliott Investment Management, which had been pushing for change at the top of Suncor. The activist investor also criticized Suncor for its safety record. At least 12 workers have died at the company’s oilsands operations in northern Alberta since 2014, and former CEO Little resigned just one day after the most recent fatality.
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