MEG Energy has confirmed co-founder Dave Wizinsky will step down from the corporation’s board of directors.
Bill McCaffrey, president of MEG, said: “Dave came in as a founding investment partner when oil was about $12 a barrel and MEG was just a vision.
“As part of a larger team, he contributed to several landmark financings and the growth of the company as we turned that vision into a reality.”
Mr Wizinsky will step down on May 7, 2015 after 16 years with the firm.