Sveinung svarte biography definition

Article content

CALGARY — Athabasca Oil Corp.

says its president and chief executive officer will retire on Sept.

CEO Sveinung Svarte has been at the helm of the Calgary-based company since He will remain on the company’s board of directors as vice chairman and will also continue to be involved in business development for Athabasca.

Article content

Article content

Board chairman Tom Buchanan will assume Svarte’s executive duties.
“Since , under his leadership Athabasca has grown into a $3 billion company with an extensive portfolio of world class resource assets in both light oil and thermal oil.

We look forward to his continued involvement as a valued member of the board,” Buchanan said in a news release on Monday.