Cenovus President & Chief Executive Officer Brian Ferguson to retire

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CALGARY, Alberta, June 20, 2017 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced that its President & Chief Executive Officer Brian Ferguson will be retiring as an officer and director of the company on October 31, 2017. Ferguson will continue in his roles leading the company and serving on the Board of Directors until that time. 

The Board will engage immediately in a broad global search for a new President & Chief Executive Officer. Following his retirement at the end of October, Ferguson will continue in a transition advisor role reporting to the Board Chair until March 31, 2018 to minimize disruption to Cenovus’s business and support the Board during the leadership transition.   

“My time at Cenovus has been an amazing experience and now I am ready for the next adventures in my life,” said Ferguson. “Cenovus has a bright …

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