Suncor Inc. - Personnel Appointments

Business Wire, Oct 9, 1996

CALGARY, ALBERTA--(BUSINESS WIRE)--Oct. 9, 1996-- Suncor Inc. (Alberta Stock Exchange, TSE, VSE, ME, AMEX SU.) Rick George, Suncor president and chief executive officer, announced today that Edythe A. (Dee) Parkinson, group executive vice president, oil sands and shale, is leaving Suncor to become president of CS Resources.

"Dee made an extraordinary contribution during the five years she was with Suncor," says George. "We are sorry to see her go." George credits Parkinson with turning around Suncor's oil sands plant. Under her leadership, costs at the plant dropped nearly $5 a barrel and production rose 30 percent.

Parkinson's job had changed recently to include Suncor's oil sands and oil shale business. She was scheduled to leave the oil sands plant this month and be replaced by Mike Ashar, vice president of Suncor's Sarnia refinery.

Ashar, who has been with Suncor for nine years, assumes the role of executive vice president, Oil Sands Group. He reports to George and becomes a member of Suncor's senior management committee. "Mike has an outstanding record as a refiner and marketer," says George. In the five years Ashar has run Suncor's 70,000 barrel-a-day refinery, he has turned it into one of the most flexible and competitive refineries in Canada. "The oil sands plant has a strong management team." says George. "I'm confident they will continue to build on the plant's success."

In other related organizational changes, Peter Hopkins, who is leading Suncor's Australian oil shale project and Gerry Manwell, vice president, oil sands sustainable growth, will report to George.

Suncor Inc. is a Canadian integrated oil and gas company operating an oil sands plant in Fort McMurray, AB, a conventional oil and gas business in Western Canada and a refining and marketing operation in Ontario and Quebec. Suncor common shares are listed on the Toronto, Montreal, Alberta, Vancouver and American stock exchanges. (Stock Symbol SU).

CONTACT: Suncor Inc.

Pat O'Reilly, 403/ 269-8703