Elliott Investment Management

• Employees often ‘collateral damage’ when activist investors come calling

  Experts say the 1,500 job losses at Suncor that were made public Thursday are an example of the type of "collateral damage" that can occur when an activist investor comes calling.

  Canada

  Jun 2, 2023
  
• Suncor announces energy industry veteran Rich Kruger as new CEO

  A near 40-year veteran of global energy giant ExxonMobil, Rich Kruger led Canadian subsidiary Imperial Oil as president and CEO from 2013 until his retirement in 2019.

  Economy

  Feb 21, 2023
  
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• Suncor’s safety record in spotlight as activist investor calls for change

  A string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as a warning sign of deeper problems within a company.

  Canada

  May 2, 2022
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• Activist investor seeking Suncor Energy changes: ‘unlock the value’

  In a letter to Suncor's board on Thursday, U.S.-based Elliott Investment Management expressed frustration in what it said is a recent decline in performance at the energy producer.

  Canada

  Apr 28, 2022