IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Canexus CEO resigns amid cost overrun, share decline

6:02 AM MDT | March 14, 2014 | —Clay Boswell

Gary Kubera, president, CEO, and director of Canexus (Calgary, AB), has resigned, effective immediately, the company announced on 6 March. The move follows news that the company’s crude-by-rail terminal expansion would cost C$90 million (US$81 million) more than expected. Canexus says its board has begun searching for a new president and CEO. Richard Ott, a current director, will assume the function of president and CEO in the interim. Ott will remain a director, but he will temporarily step down from board committees. The company’s stock price has weakened...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa