Marcel R. Coutu

Former President & Chief Executive Officer at Canadian Oil Sands Trust

Marcel R. Coutu

Marcel R. Coutu

Former President & Chief Executive Officer at Canadian Oil Sands Trust

Overview
Career Highlights

Gulf Canada Resources Ltd.
Canadian Oil Sands Ltd.
Canadian Oil Sands Trust

RelSci Relationships

762

Number of Boards

30

Birthday

1954

Age

67

Number of Awards

1

Relationships
RelSci Relationships are individuals Marcel R. Coutu likely has professional access to. A relationship does not necessarily indicate a personal connection.

President & Chief Executive Officer at Power Corp. of Canada

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Former Chief Financial Officer, Executive Vice President & Head-Investor Relations at IGM Financial, Inc.

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Deputy Vice Chairman of the Board & Co-Chief Executive Officer at Pargesa Holding SA

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President & Chief Executive Officer at Great-West Lifeco Inc.

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Former Co-Chief Executive Officer at Power Corp. of Canada

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Vice Chairman at Power Corp. of Canada

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Former President & Chief Executive Officer at The Great-West Life Assurance Co.

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Founding President at Shape Up Foundation

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Member-North American Group at The Trilateral Commission

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Director at Great-West Life & Annuity Insurance Co.

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Marcel R. Coutu
Former President & Chief Executive Officer at Canadian Oil Sands Trust
Education
MBA
Class of 1980

The Ivey Business School is located on Western University's campus in London, Ontario, Canada. Its MBA, along with a range of other programs, is offered by Western University, but it is managed separately with its own dean and budget. Its primary location is London, Ontario, but the school also has two executive teaching facilities in Toronto and Hong Kong. The University of Western Ontario created the Department of Commercial Economics within the Faculty of Arts in 1922 to offer elective course work in business. The first degree program was the Bachelor of Arts (Honors) in Business Administration (HBA). The school has been consistently ranked as one of Canada's top business schools

H.B.Sc. in Geology
Class of 1976

University of Waterloo is home to world-changing research and inspired teaching. At the hub of a growing network of global partnerships, Waterloo will shape the future by building bridges with industry and between disciplines, institutions and communities.

Memberships
Member
Prior

The Business Council of Canada brings business leaders together to shape public policy in the interests of a stronger Canada and a better world. Founded in 1976, the Business Council is a non-profit, non-partisan organization composed of the chief executives of Canada’s leading enterprises, representing companies from every region and sector of the economy. Our 150 member companies employ 1.4 million Canadians, account for more than half the value of the Toronto Stock Exchange, contribute the largest share of federal corporate taxes, and are responsible for most of Canada’s exports, corporate philanthropy, and private-sector investments in research and development. Through supply chain partnerships, service contracts and mentoring programs, Business Council members support many hundreds of thousands of small businesses and entrepreneurs in communities of all sizes across Canada.

Member
Prior

Association of Professional Engineers & Geoscientists of AB is a non profit organization that regulates the practices of engineering and geoscience in Alberta. Its function is licensing individuals and companies that want to practice engineering and geoscience in Alberta. The applicants and companies that meet APEGA’s standards for ethical, professional, and technical competency earn the right to practice and use reserved titles and designations. The company was founded in 1920 and is headquartered in Edmonton, Canada.

Career History
President & Chief Executive Officer
2001 - 2011
Chief Financial Officer & Senior Vice President
1999 - 2001

Gulf Canada Resources Limited is a publicly traded company that explores for, develops, produces and markets conventional and synthetic crude oil, natural gas liquids and natural gas. Its head office is in Calgary, Alberta, and its executive office is located in Denver, Colorado. Gulf Canada’s roots and history are Canadian - Gulf is a Canadian success story that dates back to the founding of The British American Oil Company Limited in image_1_small.jpg (3606 bytes)1906. The company, created by Albert LeRoy Ellsworth, received its charter in October of that year, and began distributing kerosene and lubricating oils in downtown Toronto. From those humble beginnings, B-A grew to become a major refiner and marketer of petroleum products. Following the 1947 discovery of oil at Leduc, which led to the creation of today's multi-billion-dollar oil and gas business in Western Canada, the company moved quickly to establish itself as a Canadian image_2_small.jpg (5675 bytes)explorer and producer. It entrenched itself as such in 1956 by acquiring Canadian Gulf Oil Company. Canadian Gulf Oil had begun operations in Western Canada in 1941, and was a highly successful explorer with discoveries such as the Stettler oilfield to its credit. The acquisition confirmed B-A's status as a major, fully integrated oil company. By the 1960s, the company had become Canada's second largest oil company, exploring for and producing oil and gas in Western Canada, operating nine strategically located refineries, and selling a variety of petroleum products and accessories from 5,000 service stations located coast-to-coast. But as one of the company's advertising slogans made clear, "At B-A, nothing stays the same any longer than it takes to improve it." So in January 1969, B-A amalgamated with The Royalite Oil Company, Limited, a smaller integrated oil image_3_small.jpg (3443 bytes)company that traced its roots back to 1912 and the discovery of gas at Turner Valley, Alberta; and with Shawinigan Chemicals Limited. The combined entity became Gulf Oil Canada Limited, later shortened to Gulf Canada Limited, the Canadian member of the international Gulf Oil family. Gulf Canada continued to explore for oil and gas in Western Canada and extended its search into Canada's northern and East Coast frontier regions. It also continued to refine and market products all across Canada, operating facilities in every province and employing at one time over 11,000 Canadians. Then in 1984, Chevron Corporation acquired the parent Gulf Corporation and a year later sold its approximately 60 per cent interest in Gulf Canada to Olympia & image_4_small.jpg (3651 bytes)York. Gulf Canada became a Canadian-owned entity once again, and embarked on a period of diversification and change, including the sale of all of its refining and marketing assets. In 1987, the company reorganized, creating three separate publicly traded companies to give shareholders the opportunity of directly owning interests in the various businesses. One of those companies was Gulf Canada Resources Limited, which was created to carry on the oil and gas business as one of Canada's largest upstream companies focussed on exploration and production. image_5_small.jpg (2431 bytes)Then in January 1995, a group of investors led by Torch Energy Investors Incorporated acquired a 25 per cent interest in Gulf. In recent years, Gulf s principal operating centres have been Western Canada and Indonesia, with additional exploration properties in Algeria and Australia, and a significant exploration land position in the United States. The billion-dollar acquisition of Clyde Petroleum plc in the first quarter of 1997 added significant producing assets and exploration lands in the United Kingdom, The Netherlands, Indonesia and Australia, as well as exploration lands in Libya, Syria, Yemen, The Falkland Islands and Argentina. Gulf is now poised for renewed growth by pursuing its many opportunities, both in Canada and abroad.

President & Chief Executive Officer
2001 - 2011

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Boards & Committees
Corporate Director
2014 - Current

IGM Financial, Inc. operates as a financial services company, which engages in the management and distribution of mutual funds and other managed asset products. It operates through the following segments: Wealth Management, Asset Management, and Strategic Investments & Other. The Wealth Management segment reflects the activities of operating companies that are principally focused on providing financial planning and related services to Canadian households, which includes the activities of IG Wealth Management and Investment Planning Counsel. These firms are retail distribution organizations who serve Canadian households through their securities dealers, mutual fund dealers and other subsidiaries licensed to distribute financial products and services, which also includes the investment management activities of these organizations, including mutual fund management and discretionary portfolio management services. The Asset Management segment reflects the activities of operating companies focused on providing investment management services and represents the operations of Mackenzie Investments. Investment management services are provided to a suite of investment funds that are distributed through third party dealers and financial advisors, and also through institutional advisory mandates to financial institutions, pensions and other institutional investors. The Strategic Investments & Other segment represent the key strategic investments made by the firms. The company was founded on August 3, 1978 and is headquartered in Winnipeg, Canada.

Director
2014 - Current

Great-West Life & Annuity Insurance Co. engages in the provision of life insurance services. The firm offers annuities, life insurance, investment, and executive benefits. The company was founded in 1891 and is headquartered in Greenwood Village, CO.

Independent Director
2014 - Current

Over the past 60 years, Enbridge has become a leader in the safe and reliable delivery of energy in North America and is proud to be recognized as one of the Global 100 Most Sustainable Corporations in the World. We transport energy, operating the world's longest, most sophisticated crude oil and liquids transportation system. We have a significant and growing presence in the natural gas transmission and midstream businesses, and an increasing involvement in power transmission. We generate energy, expanding our interests in renewable and green energy technologies including wind and solar energy, geothermal and hybrid fuel cells. We distribute energy, owning and operating Canada's largest natural gas distribution company, and provide distribution services in Ontario, Quebec, New Brunswick and New York State. Enbridge manages and has a 72.3 per cent overall interest in Enbridge Income Fund and a 25.5 per cent overall ownership in Enbridge Energy Partners, L.P. Enbridge’s corporate headquarters are in Calgary, Alberta and we employ about 6,900 people in Canada and the United States and are ranked as one of the Top 100 Employers to Work for in Canada, and one of Canada’s Greenest Employers. Enbridge Inc. common shares trade on the Toronto and New York stock exchanges under the symbol ENB.

Director
2014 - Current

The Calgary Stampede is a not-for-profit community organization that preserves and celebrates western heritage, cultures and community spirit. The company was founded in 1886 and is headquartered in Calgary, Canada.

Member, Board of Directors
Current

The Calgary Stampede Foundation (the "Foundation") was established in 1994 as a charitable organization to generate income for the development of youth of Southern Alberta. In particular, the Foundation supports The Young Canadians School of Performing Arts, the Calgary Stampede Showband, Stampede School and 4-H on Parade.

Director
Prior

United Way of Calgary & Area is a non profit organization that provides individual and family social services. The company is headquartered in Calgary, Canada.

Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
Institute of Corporate Directors - ICD.D
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