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People: Cenovus Energy Inc (CVE.TO)

CVE.TO on Toronto Stock Exchange

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Ruste, Ivor 

Mr. Ivor M. Ruste serves as Chief Financial Officer, Executive Vice President of Cenovus Energy Inc. He oversees a team accountable for the company's financial, risk and compliance functions including accounting and financial reporting, financial performance and analysis, treasury, tax, financial, market and enterprise risk, and acquisitions and divestitures. He is also accountable for the company’s supply chain management and procurement activities as well as oversight of the company’s security, Sarbanes-Oxley Act (SOX), business conduct and ethics, enterprise assurance which includes internal audit and COMS assurance and other corporate policy compliance. Ivor joined Cenovus Energy's predecessor company in 2006 and was appointed Executive Vice-President, Corporate Responsibility and Chief Risk Officer in January 2008. Ivor graduated with a Bachelor of Commerce degree, with distinction, from the University of Alberta and is a Fellow Chartered Accountant (FCA). From 1998 to 2006, he was the Managing Partner of the Edmonton office of KPMG LLP and was also the Alberta Regional Managing Partner and Vice-Chair of the KPMG Canada Board of Directors. Ivor is a member of the Canadian and Alberta Chartered Professional Accountants and a member of the Board of Directors and Audit Committee Chair for Stantec Inc. He also recently served as a member of the Canadian Association of Petroleum Producers Board of Governors and as a member of the Audit Committee for the Province of Alberta. He has served on the Boards of, or in leadership positions with, organizations including the University of Alberta, United Way and the Young Presidents' Organization as well as other professional organizations and committees throughout his career.

Basic Compensation

Total Annual Compensation, CAD 1,062,000
Restricted Stock Awards, CAD 957,465
Long-Term Incentive Plans, CAD --
All Other, CAD 1,065,440
Fiscal Year Total, CAD 3,084,910

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Patrick Daniel


Brian Ferguson


Ivor Ruste


Harbir Chhina


Alan Reid


Judy Fairburn

As Of  30 Dec 2016