The information contained in this section provides an understanding of our corporate governance practices and ethos.
Board of Directors
The Board of Directors oversees the management of our business and is committed to carrying out our rigorous corporate governance structure.
PETER A. DEA
Peter A. Dea | Denver, Colorado, U.S. | Independent
Director Since 2010
Peter Dea brings more than 30 years of oil and gas exploration and production experience, as well as state and national energy policy involvement to the board. With his broad industry knowledge and public company board participation, Mr. Dea brings a unique perspective and valuable insight to the board on energy, oil and natural gas operations and energy-related policy. His business experience includes serving as executive chairman for Confluence Resources LP, a private oil and gas company, since September 2016 and president & chief executive officer, Cirque Resources LP, a private oil and gas
company, since May 2007. He also holds director positions with Liberty Oilfield Services Inc. and Antero Midstream GP LP.
Previously, Mr. Dea was president & chief executive officer and a director with Western Gas Resources, Inc., a public natural gas company, from November 2001 through August 2006. He also served as chief executive officer with Barrett Resources Corporation, a public natural gas company, from November 1999 and served as chairman from February 2000 through August 2001. Prior to 1993, Mr. Dea held various management and geologic positions with Exxon Company, U.S.A.
FRED J. FOWLER
Fred J. Fowler | Houston, Texas, U.S. | Independent
Director Since 2010
Fred Fowler brings extensive knowledge in oil, natural gas liquids, natural gas processing and transportation, and corporate governance to the board. His more than 20 years of executive leadership experience and participation on other public company boards delivers critical knowledge and an in-depth understanding of midstream and marketing, hedging, safety, corporate responsibility and governance to the board. His business experience includes serving as director for PG&E Corporation and DCP Midstream Partners, LP.
From October 2008 to November 2013, Mr. Fowler held the position of chairman, Spectra Energy Partners, LP and director until February 27, 2017. He also served as president & chief executive officer, Spectra Energy Corp., a natural gas gathering, processing and mainline transportation company, from December 2006 to December 2008 and as a director from December 2006 to May 2009. Previously, Mr. Fowler held numerous leadership positions at Duke Energy Corporation, including president & chief executive officer, Duke Energy Gas Transmission, LLC, a subsidiary of Duke Energy Corporation and president and chief operating officer, Duke Energy Corporation. He held additional executive positions with Duke Energy Corporation prior to 2002.
HOWARD J. MAYSON
Howard J. Mayson | Breckenridge, Colorado, U.S. | Independent
Director Since 2014
With more than 40 years of North American and international oil and gas exploration, development and production knowledge, Howard Mayson provides broad expertise and perspective to the board regarding domestic and international oil and gas operations, safety and reserves oversight and reporting. Mr. Mayson is a corporate director and an independent businessman, with experience that includes serving as an advisory board
member and part-time operating partner with Azimuth Capital Management LLC since 2014. He has held various senior leadership roles with BP Exploration & Production, PLC, including chief executive officer of BP Russia, president of BP Angola, director of BP’s Exploration & Production Technology Group and leader of BP’s Global Subsurface Function. Prior to joining BP, Mr. Mayson was an engineer with Schlumberger Limited from 1977 to 1981 and a non-executive director of several private U.K. and North American energy-related companies from 2010 to present.
LEE A. MCINTIRE
Lee A. McIntire | Denver, Colorado, U.S. | Independent
Director Since 2014
Lee McIntire brings extensive executive leadership, risk management and corporate governance expertise to the board. With more than 35 years of leadership experience, Mr. McIntire provides broad management, strategy, finance, safety and compensation expertise and insights. From August 2015 to December 2018, he was chief executive officer for TerraPower, LLC, a private
nuclear energy technology company. Mr. McIntire served as chief executive officer and president with CH2M HILL, a private consulting company, from January 2009 to January 2014; chairman from 2010 through 2014; and executive chairman of the board from January 2014 to October 2014. Mr. McIntire previously served as CH2M HILL’s chief operating officer and president. Mr. McIntire held the roles of partner, executive vice president and served on the board of directors of the Bechtel Group of Companies from 1989 to 2004.
MARGARET A. MCKENZIE
Margaret A. McKenzie | Calgary, Alberta, Canada | Independent
Director Since 2015
With her more than 20 years of industry and finance-related expertise, as well as participation on other public company boards, Margaret McKenzie provides valuable perspective in respect to finance, accounting, compensation and business strategy. She brings a depth of energy-related and accounting knowledge to the board including 14 years as a chief financial officer. She has
been a chartered professional accountant since 1985. Her business experience includes serving as director for Inter Pipeline Ltd., PrairieSky Royalty Ltd., Bonavista Energy Corporation and two private energy-related companies. Ms. McKenzie also served as chief financial officer with Range Royalty Management Ltd., a private oil and gas royalty company, from 2006 to December 2014, and vice president, finance and chief financial officer, Profico Energy Management Ltd., from 2000 to 2006.
STEVEN W. NANCE
Steven W. Nance | Houston, Texas, U.S. | Independent
Director Since 2019
Steven Nance brings more than 40 years of experience in the oil and gas industry, ranging from C-level executive experience to various engineering assignments. Since 2007, Mr. Nance has also provided consulting services on matters such as oil and gas investments, succession planning, coaching and leadership development. He began his career in 1978 as an engineer with The Superior Oil Company. His business experience includes acting as director for Cloud Peak Energy, Inc., The Williams Companies, Inc. and Newfield Exploration Company from 2013 to 2019, when it was acquired by Encana.
Mr. Nance has held the position of president and manager with Steele Creek Energy, LLC, a private oil and gas investment company, since 2010. His prior experience includes various positions with Meridian Oil, Inc., the predecessor company to Burlington Resources, Inc., where he held positions of increasing responsibility from 1985 and until his departure in 1997 as vice president of Burlington’s Gulf Coast division. Mr. Nance served as president, chairman and chief executive offer for XPLOR Energy and its predecessor company from 1997 to 1999. When XPLOR Energy was acquired by Harken Energy Corporation in 1999, he held the position of president for Peoples Energy Production Company from 2000 to 2007, until it was acquired by El Paso Corporation.
SUZANNE P. NIMOCKS
Suzanne P. Nimocks | Houston, Texas, U.S. | Independent
Director Since 2010
As a corporate director, Suzanne Nimocks brings broad energy, strategy and risk management knowledge to the board. With more than 30 years of senior leadership and strategic consulting experience, as well as her participation on other public company boards, Ms. Nimocks provides the board with an extensive perspective and insight on business strategy, operations, human resources, compensation and corporate governance. Her business experience
includes serving as director for Rowan Companies plc, ArcelorMittal and Owens Corning. She also served as a director and senior partner for McKinsey & Company, a private global management consulting firm, from June 1999 to March 2010. Ms. Nimocks was with McKinsey in various other capacities starting in 1989, including leader of the firm’s Global Petroleum, Electric Power & Natural Gas, Organization and Risk Management Practices. She served as a member of the firm’s worldwide personnel committees for many years and as the manager of the Houston office for eight years.
THOMAS G. RICKS
Thomas G. Ricks | Austin, Texas, U.S. | Independent
Director Since 2019
The variety of senior leadership and business experience that Thomas Ricks brings to the board includes chief investment officer for H&S Ventures L.L.C., a private investment firm, from May 2001 to May 2018; director, Newfield Exploration Company, a public oil, natural gas and natural gas liquids exploration and production company, from May 1992 to February 2019; and
director, Sensei Biotherapeutics, Inc., a private clinical-stage biopharmaceutical company, since 2015. He brings more than 30 years of experience in various domestic and international finance positions in the oil and gas and financial industries, providing him with extensive investment and financial knowledge, as well as accounting and audit expertise. Mr. Ricks held the position of chief executive office for The University of Texas Investment Management Company; vice chancellor, asset management for The University of Texas System; and as executive director of Finance and Private Investments.
BRIAN G. SHAW
Brian G. Shaw | Toronto, Ontario, Canada | Independent
Director Since 2013
With more than 40 years of management, finance and business strategy experience, Brian Shaw brings extensive expertise and insight to the board regarding banking, finance, investor relations and corporate governance. Mr. Shaw brings unique knowledge as a financial services executive, in addition to
his energy, oil and natural gas experience, to his role as a member of the board. His business experience includes several board memberships, including director for NuVista Energy Ltd.; Manulife Bank of Canada; Manulife Trust Company; Lakeview Mortgage Funding Inc.; and PrairieSky Royalty Ltd., a public oil and gas company, from April 2014 until December 2014. Mr. Shaw served as chairman and chief executive officer for CIBC World Markets Inc. from 2005 through 2008.
DOUGLAS J. SUTTLES
Douglas J. Suttles | Denver, Colorado, U.S. | Not Independent
Director Since 2013
Doug Suttles has more than 35 years of North American and international experience in the oil and gas industry. Prior to joining Encana, Mr. Suttles served in various senior leadership roles with BP in its North American and international operations. Suttles was appointed Encana’s president & chief executive officer in June 2013. In September 2019, he became Encana’s chief executive officer. Mr. Suttles has held a number of senior leadership positions
at BP, including chief operating officer of BP Exploration & Production from January 2009 until March 2011 and president of BP Alaska from December 2006 until December 2008. He was a member of the board of BP America and the BP America Operations Advisory Board. Previously, he served as President of BP Sakhalin Inc., where he was responsible for BP’s activities in Sakhalin, Russia, and held other senior leadership roles in BP, including vice president for North Sea operations and president of BP’s Trinidadian oil business. Prior to joining BP, Mr. Suttles was an engineer with Exxon from 1983 to 1988.
BRUCE G. WATERMAN
Bruce G. Waterman | Calgary, Alberta, Canada | Independent
Director Since 2010
Bruce Waterman brings a wealth of finance, energy industry and government relations experience to the board. With more than 22 years of executive leadership experience, Mr. Waterman brings extensive finance, business development, strategy and corporate governance expertise and perspective. He retired in January 2013 from Agrium Inc., a public agricultural company, now known as Nutrien Ltd., as executive vice president. While there, he held several senior roles as chief financial officer and in business development and strategy. Mr. Waterman is a director of Irving Oil Limited, a private oil and gas company, and a director of Prairie Storm Energy Corp., a private oil and gas
company. He was a director of PrairieSky Royalty Ltd., a public oil and gas company, from April 2014 until December 2014 and also as a director of Enbridge Income Fund Holdings Inc. and a trustee of Enbridge Commercial Trust from January 2014 until December 31, 2017. He was vice president and chief financial officer of Talisman Energy Inc., a public oil and gas company, from January 1996 to April 2000. Mr. Waterman also has extensive expertise in oil and gas exploration and production operations, spending 15 years, from 1981 to 1996, at Amoco Corporation, including Dome Petroleum Limited, a predecessor company. At Amoco, a global chemical, oil and gas company that merged with BP in 1998, his roles included positions in finance, accounting and business development.
CLAYTON H. WOITAS
Clayton H. Woitas | Calgary, Alberta, Canada | Independent
Director Since 2008
Clayton Woitas is a corporate director and has been chairman of the board since July 22, 2013. From January 11, 2013, to June 10, 2013, Mr. Woitas acted as interim president and chief executive officer of the Company. He has been a director of Gibson Energy Inc, a public oil and gas midstream company, since June 2010. He was chairman and chief executive officer of Range Royalty
Management Ltd., a private oil and gas royalty company, from 2006 to December 2014. He is also a director of several private energy-related companies and advisory boards. Mr. Woitas was founder, chairman, president and chief executive officer of Profico Energy Management Ltd., a private company focused on natural gas exploration and production in Western Canada, from January 2000 to June 2006. Prior to April 2000, he was a director and president & chief executive officer of Renaissance Energy Ltd., a public company focused on the Western Canadian energy sector.
Board of Directors Mandate AND Selection
The fundamental responsibility of the board of directors is to appoint a competent senior management team and to oversee the management of the business, with a view to maximizing shareholder value and ensuring corporate conduct in an ethical and legal manner via an appropriate system of corporate governance and internal controls.
Board Composition AND Committees
Essential to the success of the overall governance of Encana are guidelines and mandates that outline the specific responsibility of the board of directors, the chair of the board, the chairs of board committees, the chief executive officer, the president and each of the five standing committees.
Key governance documents and information.