Husky Energy President and CEO Asim Ghosh will retire, with Rob Peabody, Husky's chief operating officer will take over for Ghosh, effective 5 December.
"For the past seven years Asim has brought his extensive business experience and tremendous leadership abilities to bear in reshaping and positioning Husky for a new energy era," said Board Co-Chairmen Victor Li and Canning Fok. "His work to rejuvenate Husky and strengthen the balance sheet has placed the Company on an exceptionally strong financial footing. His disciplined focus on delivery and strategic clarity continues to produce significant results. We deeply appreciate his commitment and his broader contributions to the industry and the community."
Ghosh will remain on the board of directors.
Peabody started his career in Canada and has worked internationally with leadership roles in every segment of the business, including senior positions in exploration and production, midstream and downstream.
"[Peabody’s] proven business acumen and track record of execution will guide Husky in its next phase of growth," added the Co-Chairs.
Image of Ghosh, from Husky.