Ivor Ruste

Former Chief Risk Officer & Executive Vice President at Ovintiv Canada ULC

Ivor Ruste

Ivor Ruste

Former Chief Risk Officer & Executive Vice President at Ovintiv Canada ULC

Overview
Career Highlights

Cenovus Energy, Inc.
KPMG LLP
KPMG LLP (Canada)

RelSci Relationships

6290

Number of Boards

11

Birthday

1956

Age

65

Relationships
RelSci Relationships are individuals Ivor Ruste likely has professional access to. A relationship does not necessarily indicate a personal connection.

Member-Oil Sands Chief Executive Officer Council at Canadian Association of Petroleum Producers

Relationship likelihood: Strong

Chief Financial Officer & Executive Vice President at Ovintiv, Inc.

Relationship likelihood: Strong

Former Partner at KPMG LLP

Relationship likelihood: Strong

Founder at The Keith Cos., Inc.

Relationship likelihood: Strong

Former Managing Partner at KPMG LLP

Relationship likelihood: Strong

Former President & Chief Executive Officer at Stantec, Inc.

Relationship likelihood: Strong

Former Advisor at Imperial Capital Group Ltd.

Relationship likelihood: Strong

Member-Brain Campaign at The University of Alberta Hospital

Relationship likelihood: Strong

President at EnCana Oil & Gas (USA), Inc.

Relationship likelihood: Strong

Executive Vice President at EnCana Oil & Gas (USA), Inc.

Relationship likelihood: Strong

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Ivor Ruste
Former Chief Risk Officer & Executive Vice President at Ovintiv Canada ULC
Education
Bachelor of Commerce with Distinction

The University of Alberta (also known as U of A and UAlberta) is a public research university located in Edmonton, Alberta, Canada. It was founded in 1908 by Alexander Cameron Rutherford, the first premier of Alberta, and Henry Marshall Tory, its first president. Its enabling legislation is the Post-secondary Learning Act. The university comprises four campuses in Edmonton, the Augustana Campus in Camrose, and a staff centre in downtown Calgary. The original north campus consists of 150 buildings covering 50 city blocks on the south rim of the North Saskatchewan River valley, directly across from downtown Edmonton. 39,000 students from Canada and 150 other countries participate in 400 programs in 18 faculties. The University of Alberta is a major economic driver in Alberta. The university's impact on the Alberta economy is an estimated $12.3 billion annually, or five per cent of the province's gross domestic product. The university has been recognized by the Academic Ranking of World Universities, the QS World University Rankings and the Times Higher Education World University Rankings as one of the top five universities in Canada and one of the top 100 universities worldwide. According to the 2014 QS World University Rankings, the top Faculty Area at the University of Alberta is Arts and Humanities (ranked 89th in the world), and the top-ranked Subject is English Language and Literature (22nd in the world). The University of Alberta is also a leading institution for the study of Ukraine and is home to the Canadian Institute of Ukrainian Studies. The University of Alberta has graduated more than 275,000 alumni, including Governor General Roland Michener; Prime Minister Joe Clark; Chief Justice of Canada Beverley McLachlin; Alberta premiers Peter Lougheed, Dave Hancock, Jim Prentice and Rachel Notley; Edmonton Mayor Don Iveson and Nobel laureate Richard E. Taylor. The university is a member of the Alberta Rural Development Network, the Association for the Advancement of Sustainability in Higher Education and the Sustainability Tracking, Assessment & Rating System.

Memberships
Member
Current

Canadian Institute of Chartered Accountants engages in the provision of accounting, auditing, tax, advisory, and professional services. The institute is headquartered in Toronto, Canada.

Member
Current

Chartered Professional Accountants of Alberta operates as the professional organization representing more than 28,000 CPAs across the province. The company is headquartered in Calgary, Canada.

Career History
Chief Risk Officer & Executive Vice President
2006 - ?

Ovintiv Canada ULC engages in the production of natural gas, oil and natural gas liquids. It operates through the following segments: Canadian Operations, USA Operations and Market Optimization. The Canadian Operations segment includes the exploration for, development of and production of natural gas, oil and natural gas liquids and other related activities within Canada. The USA Operations segment involves in the exploration, development and production of natural gas, oil, and natural gas liquids and other related activities within the U.S. The Market Optimization segment is responsible for the sale of the company's proprietary production to third party customers and the associated netback price. The company was founded in 1881 and is headquartered in Calgary, Canada.

Alberta Region Managing Partner
Prior

KPMG LLP engages in the provision of audit, tax, and advisory services. It serves the banking and capital markets, building, construction and real estate, consumer and retail, energy, natural resources and chemicals, financial services, government and public sector, healthcare and life sciences, industrial manufacturing, insurance, media and entertainment, private equity, technology, telecommunications, and venture capital industries. The company was founded in 1987 and is headquartered in New York, NY.

Executive Vice President & Chief Financial Officer
Prior - 2018

Cenovus Energy, Inc. engages in provision of gas and oil. Its activities include development, production, and marketing of crude oil, natural gas liquids (NGLS), and natural gas in Canada. The firm operates through four segments: Oil Sands, Conventional, Refining & Marketing, and Corporate & Eliminations. The Oil sands segment includes the development and production of bitumen in northeast Alberta including Foster Creek, Christina Lake and Narrows Lake as well as projects in the early stages of development. The Conventional segment includes includes land primarily in the Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas. The Refining and Marketing segment provides transportation and selling of crude oil, natural gas and NGLS. The Corporate and Eliminations segment includes unrealized gains and losses recorded on derivative financial instruments, divestiture of assets, as well as other administrative, financing activities and research costs. The company was founded in 1881 and is headquartered in Calgary, Canada.

Boards & Committees
Member, Board of Directors
Current
Vice Chairman & Managing Partner
1998 - 2006

KPMG LLP engages in the provision of accounting, tax preparation, and advisory services. It also offers auditing, internal audit, regulatory and compliance, corporate recovery, and forensic accounting, and risk management services. The company was founded in 1869 and is headquartered in Toronto, Canada.

Member-Governors Board
Prior

The University of Alberta (also known as U of A and UAlberta) is a public research university located in Edmonton, Alberta, Canada. It was founded in 1908 by Alexander Cameron Rutherford, the first premier of Alberta, and Henry Marshall Tory, its first president. Its enabling legislation is the Post-secondary Learning Act. The university comprises four campuses in Edmonton, the Augustana Campus in Camrose, and a staff centre in downtown Calgary. The original north campus consists of 150 buildings covering 50 city blocks on the south rim of the North Saskatchewan River valley, directly across from downtown Edmonton. 39,000 students from Canada and 150 other countries participate in 400 programs in 18 faculties. The University of Alberta is a major economic driver in Alberta. The university's impact on the Alberta economy is an estimated $12.3 billion annually, or five per cent of the province's gross domestic product. The university has been recognized by the Academic Ranking of World Universities, the QS World University Rankings and the Times Higher Education World University Rankings as one of the top five universities in Canada and one of the top 100 universities worldwide. According to the 2014 QS World University Rankings, the top Faculty Area at the University of Alberta is Arts and Humanities (ranked 89th in the world), and the top-ranked Subject is English Language and Literature (22nd in the world). The University of Alberta is also a leading institution for the study of Ukraine and is home to the Canadian Institute of Ukrainian Studies. The University of Alberta has graduated more than 275,000 alumni, including Governor General Roland Michener; Prime Minister Joe Clark; Chief Justice of Canada Beverley McLachlin; Alberta premiers Peter Lougheed, Dave Hancock, Jim Prentice and Rachel Notley; Edmonton Mayor Don Iveson and Nobel laureate Richard E. Taylor. The university is a member of the Alberta Rural Development Network, the Association for the Advancement of Sustainability in Higher Education and the Sustainability Tracking, Assessment & Rating System.

Member, Board of Directors
Prior

YPO (Young Presidents’ Organization) connects people with successful young chief executives in a global network unlike any other. Founded in 1950 in New York City by a young president named Ray Hickok, the organization unites approximately 20,000 business leaders in more than 120 countries around a shared mission: Better Leaders Through Education and Idea Exchange. A great deal has changed since YPO’s founding but certain things have remained the same: the value of a peer network and trusted mentors, the importance of ongoing education, and the need for a “safe haven” where issues can be aired in an environment of confidentiality. Over the past six decades, YPO has maintained its core commitment to these ideals while embracing change with each successive generation of young business leaders.

Member-Governors Board
Prior

Canadian Association of Petroleum Producers operates as the voice of Canada''s upstream oil and natural gas industry. The company was founded in 1927 and is headquartered in Calgary, Canada.

Member-Audit Committee
Current

The Lieutenant Governor is the Queen's representative in Alberta. Constitutional duties of the Lieutenant Governor include ensuring that the province always has a Premier so that there is continuity in governance, opening and closing each Legislature Session and granting Royal Assent to measures and Bills passed by the Assembly to give them the force of law.

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