Husky COO to take over after CEO retires

Canadian oil and gas firm Husky Energy has named Chief Operating Officer Rob Peabody as the new President, Chief Executive Officer and board member after former CEO, Asim Ghosh, announced his retirement.

Husky Energy said on Thursday that Ghosh would be retiring effective December 5, but would remain in the company as a member of the Board of Directors.

Board Co-Chairmen, Victor Li and Canning Fok, said: “For the past seven years Asim brought his extensive business experience and tremendous leadership abilities to bear in reshaping and positioning Husky for a new energy era.”

Rob Peabody, Husky’s Chief Operating Officer since 2006, has been appointed President and CEO and will join the Board of Directors effective December 5, 2016.

“Rob’s proven business acumen and track record of execution will guide Husky in its next phase of growth,” added the Co-Chairs.

Peabody started his career in Canada and has worked internationally in leadership roles in every segment of the business, including senior positions in exploration and production, both midstream and downstream.

Peabody said: “As a result of our ongoing efforts to lower our costs, increase our productivity and with our strong foundation and resilient portfolio, we are confident that we are well positioned to further grow our higher quality production.”

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