Canadian Oil Sands overhauls leadership and board ahead of Suncor takeover

Canadian Oil Sands Ltd., on the brink of being taken over by Suncor Energy, has overhauled its senior leadership team and board of directors.

As oil prices continued to free fall, oilsands giants Suncor Energy Inc. and Canadian Oil Sands Ltd. were quietly ending an acrimonious hostile battle and working out the details of a $6.6-billion merger

Ryan Kubik, who was CEO during the months-long takeover fight, and Donald Lowry, who was board chairman during that time, are no longer on the roster.

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