A top risk management executive at Canadian energy company Suncor is departing after nearly six years with the firm. Ray Sick, who oversaw global market and trade risk operations, is reportedly joining utility company NextEra Energy in a leadership position.
A senior executive responsible for overseeing risk management operations at Canadian energy giant Suncor Energy is departing the company after nearly six years, according to industry sources who spoke Friday.
Ray Sick, who has served as the company’s worldwide leader for market and trade risk management since February of last year, is expected to transition to a new position with utility company NextEra Energy, sources revealed.
According to his professional profile, Sick has been with Suncor for almost six years total. In his most recent position, he managed risk operations across multiple sectors including crude oil, refined petroleum products, chemicals, electricity, natural gas, and environmental credits from the company’s Houston office.
Before taking on his current responsibilities, Sick previously served as the director overseeing global crude oil and petroleum products risk for the Canadian oil producer.
Sources indicate that Sick will assume a leadership position within NextEra Energy’s risk management division, though specific details about his new role were not disclosed.
Neither Suncor Energy nor NextEra Energy provided immediate responses when contacted for comment about the executive transition. Sick also did not respond to requests for comment through professional networking channels.