Board of Directors

MEG Energy’s board of directors oversees the development and implementation of our strategic plan. With many years of experience across the energy industry, our board is committed to achieving operational excellence and delivering maximum value to our shareholders.


Grant D. Billing
Director

Mr. Billing became a director of the Corporation in June 2019. He is currently the Chairman of the Board and a director of Secure Energy Inc. and previously served as Chair of the Board and a director of Tervita Corporation between December 2016 and July 2021. He served as the Chairman and CEO of Superior Plus Corp. (an energy distribution and specialty chemicals company) between July 2006 and November 2011 and Executive Chairman between 1998 and 2006. He was Chairman of the board of directors of Superior Plus Corp. until December 31, 2014. Mr. Billing is also currently a corporate director of Badger Daylighting Ltd. and was formerly the Chair of the board of directors at Cortex Business Solutions Inc. He served as a director of Pembina Pipeline Corporation from April 2, 2012 to May 5, 2017. In addition, Mr. Billing has served as Chairman and director of several other public companies and as director and Chairman of the Canadian Association of Petroleum Producers.

Mr. Billing holds a Bachelor of Science degree from the University of Calgary and is a Chartered Professional Accountant.


Ian D. Bruce
Chairman, Director

Mr. Bruce was appointed to the board in June 2019. He has served as Chair of the Board of Cameco Corporation since May 2018 and a director since 2012. He is the former president and CEO of Peters & Co. Limited (an independent investment dealer). He has more than 30 years of experience in investment banking with specialization in corporate finance and mergers and acquisitions, predominantly in the oil and gas industry.

Mr. Bruce holds a Master of Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario and a Bachelor of Science degree in biology from Queen's University. Mr. Bruce is a fellow of the Chartered Professional Accountants of Alberta, a recognized Specialist in Valuation under Canadian CPA rules, and a chartered business valuator. He is a past member of the Expert Panel on Securities Regulation for the Minister of Finance of Canada and is also a past board member and chair of the Investment Industry Association of Canada. Mr. Bruce currently serves as a volunteer board member of the Opportunity Calgary Investment Fund (OCIF).

Prior to becoming Chair of the Board of Cameco Corporation in May 2018, Mr. Bruce was a member of its audit and finance committee and chair of its human resources and compensation committee.


Derek W. Evans
President and Chief Executive Officer, and Director

Derek was appointed as the President and Chief Executive Officer, and a Director in August 2018. He is a veteran oil and gas industry executive with over 35 years of experience. From May 2009 to March 2018, he served as the President, CEO and Director of Pengrowth Energy, where he led the Company through a major transformation, streamlining its asset base from 35 properties to two growth assets, with over $9 billion of development opportunities. Prior to joining Pengrowth, Derek was the President, CEO and Director of Focus Energy Trust, a dividend paying royalty trust company. During his tenure at Focus, Derek was successful in increasing the market valuation approximately five times, while distributing more than $400 million to unitholders. Mr. Evans holds a Bachelor of Science in Mining Engineering from Queen’s University and is a registered professional engineer.


Judy A. Fairburn
Director

Ms. Fairburn became a director of MEG Energy in June 2019. She serves as a director of Petronas Energy Canada Limited, Tundra Oil & Gas (a private company), Veerum Inc. (a private digital tech company), and non-profit organizations (Business Council of Alberta and Calgary Economic Development). She serves on the Future Skills Council of the Canadian federal government. She is also co-founder and co-CEO of The 51 Ventures Inc. (a private investment platform).

Ms. Fairburn has over 30 years of experience in the energy sector with diverse executive and senior leadership roles, from upstream through downstream. From 2009 until 2017, she held various executive positions with Cenovus Energy Inc. (a Canadian integrated oil and natural gas company), recently as Executive Vice President, Safety and Chief Digital Officer. She has also made a significant impact to the innovation eco-system. Ms. Fairburn led substantial change as the first Chair of the consolidated Alberta Innovates, an agency of the Alberta government that funds, advises and provides scale-up support to innovators across the health, energy, agriculture, forestry and digital sectors. She also co-founded and was the inaugural Chair of COSIA (Canada's Oil Sands Innovation Alliance).

Ms. Fairburn holds a Master of Science degree in chemical engineering from the University of Calgary and a Master of Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario. She is a Fellow of the Creative Destruction Lab and the Canadian Academy of Engineering and was honoured for Canadian sustainable development leadership as a 2013 Clean 16 award winner. Ms. Fairburn is a member of the Institute of Corporate Directors and holds the ICD.D Designation.


Robert B. Hodgins
Director

Mr. Hodgins became a director of the Corporation in September 2010 and has over 25 years of experience in senior financial roles with several Canadian corporations. He was Chief Financial Officer of Pengrowth Energy Trust (now Pengrowth Energy Corporation) from 2002 until 2004, Vice President and Treasurer of Canadian Pacific Limited from 1998 until 2002 and Chief Financial Officer of TransCanada Pipelines Limited from 1993 until 1998. Mr. Hodgins is also currently a director of AltaGas Ltd., Enerplus Corporation and Gran Tierra Energy Inc. He holds an Honours Bachelor of Arts in Business from the Richard Ivey School of Business, is a Chartered Professional Accountant and is a member of the Institute of Corporate Directors.


William R. Klesse
Director

Mr. Klesse became a Director of the Corporation in June 2016. Mr. Klesse is the former Chief Executive Officer and former Chairman of the Board of Valero Energy Corporation, an international manufacturer and marketer of transportation fuels, other petrochemical products and power. He joined the Valero board as Vice Chairman in 2005 and served as Chairman of the Board from 2007 to December 2014. From 2006 to May 2014, he served as Chief Executive Officer of Valero and served as President from 2008 to 2013. From 2003 to 2005, Mr. Klesse was Valero's Executive Vice President and Chief Operating Officer. Prior to that, he served as Executive Vice President of Refining and Commercial Operations following Valero's 2001 acquisition of Ultramar Diamond Shamrock Corporation, where he had been Executive Vice President of the company's refining operations. Mr. Klesse began his 45-plus year career in the energy industry at Diamond Shamrock Corporation, which merged with Ultramar Corporation in 1996. He is a trustee of the Texas Biomedical Research Institute and United Way of San Antonio and Bexar County and serves on the Advisory Board of the San Antonio Food Bank. Mr. Klesse holds a bachelor's degree in Chemical Engineering from the University of Dayton and a Master of Business Administration with an emphasis in Finance from West Texas A&M University.


Susan M. MacKenzie
Director

Ms. MacKenzie was appointed to the board on June 17, 2020. Ms. MacKenzie is a corporate director with over 25 years of energy sector experience. Most recently she was Chief Operating Officer at Oilsands Quest Inc. from April to September 2010. Prior thereto, Ms. MacKenzie spent twelve years at Petro‐Canada in progressive technical, operational and strategic roles, including Vice President Human Resources and Vice‐President In Situ Oilsands Development and Operations. Her industry experience also includes 14 years with Amoco Canada in a variety of engineering and leadership roles in natural gas, conventional oil and heavy oil exploitation. Ms. MacKenzie holds a B. Eng. (Mechanical) from McGill University, an MBA from the University of Calgary, is a Life Member of the Association of Professional Engineers and Geoscientists of Alberta and an Institute of Corporate Directors‐ certified director. Ms. MacKenzie is currently a director of Enerplus Corporation, Precision Drilling Corporation, and Freehold Royalties Ltd. She is a past director of the Calgary Women’s Emergency Shelter and Safe Haven Foundation as well as numerous for‐profit, not‐for‐profit, private and academic advisory boards.


Jeffrey J. McCaig
Director

Mr. McCaig was appointed to the board on March 1, 2014. Mr. McCaig is the Chairman of the board of directors of the Trimac Group of Companies (a group of private entities) of which he was CEO until December 31, 2015. Mr. McCaig was a director of Potash Corporation of Saskatchewan from January 2001 until May 2017 and has been a director of Bantrel Company (a private company) since 2000, becoming its Chairman in December 2007. Mr. McCaig is also a director and co-owner of the Calgary Flames Hockey Club. Mr. McCaig holds a degree in economics from Harvard University, a law degree from Osgoode Hall Law School, and a Master of Science in Management degree from Stanford University. He also is a member of the Institute of Corporate Directors.


James D. McFarland
Director

Mr. McFarland has over 48 years of experience in the oil and gas industry. He is a co-founder of, and has been director of, Valeura Energy Inc. (a Canada-based public company engaged in the exploration, development and production of petroleum and natural gas in Turkey) since April 2010 and served as President and CEO, until his retirement in December 2017 and a consultant thereafter to November 2020. Prior thereto, Mr. McFarland served as President and CEO, director and co-founder of Verenex Energy Inc. from 2004 until its sale in 2009. From 1999 until 2004, he served as Managing Director of Southern Pacific Petroleum N.L. in Australia. From 1995 until 1998, Mr. McFarland served as President and Chief Operating Officer of Husky Oil Limited. From 1972 until 1995, he held various leadership positions in his initial 23-year career with Imperial Oil Limited and other Exxon affiliates in Canada,  the U.S. and Western Europe. Mr. McFarland has been a director of various public and private entities including Pengrowth Energy Corporation (until January 2020) and Arrow Exploration Corp. (until January 2020) and currently serves on the board of directors of the Canadian National Committee of the World Petroleum Council (WPC) and on the Congress Program Committee of the WPC international organization.

Mr. McFarland received a Bachelor of Science (Honours) (Chemical Engineering) from Queen's University at Kingston, a Master of Science (Petroleum Engineering) from the University of Alberta, completed the Executive Development Program at Cornell University, received the designation of Professional Engineer in 1974 and is a member of the Institute of Corporate Directors. In 2003, Mr. McFarland was awarded the Australian Centenary Medal for Outstanding Service through Business and Commerce.


Diana J. McQueen
Director

Ms. McQueen became a director of the Corporation in October 2015. Ms. McQueen has energy and environmental public policy experience from regional, provincial and international levels, in addition to entrepreneurial experience in operating an independent business. Ms. McQueen held various Alberta provincial cabinet roles during 2008 to 2015, including Minister of Energy, Minister of Environment and Water, and Minister of Municipal Affairs. Ms. McQueen has her own consulting firm and is a Senior Policy & Strategic Advisor to her clients in the areas of Energy, Environment, Indigenous and Municipal relations and has recently been appointed Senior Vice President of Corporate Communications & Stakeholder Relations at Reconnaissance Energy Africa Ltd.

Standing Committees of the Board

Standing Committees of the Board consist only of independent directors.  The Board has established the following Standing Committees of the Board, the (i) Audit Committee, (ii) Human Capital and Compensation Committee; (iii) Governance and Nominating Committee and (iv) Health, Safety and Environment and Reserves Committee.


Audit Committee

Robert B. Hodgins (Chair)
Grant D. Billing
James D. McFarland

Human Capital and Compensation Committee

James D. McFarland (Chair)
Susan M. MacKenzie
Jeffrey J. McCaig
Diana J. McQueen

Governance and Nominating Committee

Diana J. McQueen (Chair)
Grant D. Billing
Robert B. Hodgins
Judy A. Fairburn

Health, Safety and Environment and Reserves Committee

William R. Klesse (Chair)
Judy A. Fairburn
Susan M. MacKenzie
Jeffrey J. McCaig