FORT ST. JOHN, B.C. – It was announced today that Michael Culbert, will be stepping down from his position as President and CEO of PECL which will be effective as of October 31, 2016. He will be beginning his transition into retirement.
Progress Energy Canada Ltd. is a wholly owned subsidiary of Petronas.
Clubert will continue to be a member on the Board of Directors for PECL and Pacific NorthWest LNG and has been appointed to the non-executive position of Vice Chairman for PECL. He will continue to provide strategic counselling to the companies.
Mark Fitzgerald will take over as President and CEO of PECL effective November 1, 2016. He will also be a member on the board.
“Fitzgerald has spent his career in the Canadian energy sector and brings the upstream natural gas expertise and leadership required to continue to move PECL forward as a leader in natural gas development with one of the largest natural gas holdings in Canada, including positioning PECL to supply natural gas to the proposed Pacific NorthWest LNG facility.
On behalf of PETRONAS I want to thank Mr. Culbert for his years of leadership with Progress Energy. He was instrumental in developing the joint-venture partnership with PETRONAS and subsequent acquisition, while also significantly growing the company’s production of natural gas in British Columbia,” said Mr. Anuar Taib. “Mr. Culbert has also led and supported Pacific NorthWest LNG through the federal regulatory process, which recently culminated in the project receiving its environmental certificate.”
Fitzgerald says he looks forward to the challenge ahead and is confident that the company will continue to move forward.
“As a senior member of Progress Energy Canada’s management team, I believe in the exciting future that our company has and our ability to continue to deliver on our history of success. I look forward to assuming my new role and continuing to work with our dedicated staff while also building upon our relationships with government, First Nations and the communities in which we operate,” said Mark Fitzgerald, incoming President and CEO, Progress Energy Canada.”