Ovintiv Inc. announced the retirement of Peter Dea from its Board of Directors, effective May 6, 2026.
Steven Nance will succeed Peter Dea as the new Board Chairman.
Peter Dea, who joined the Board in 2010 and served as Chairman since 2020, has a significant leadership background in the E&P industry.
Peter Dea prioritized sustainability and established a foundation supporting education and conservation causes.
Steven Nance, the newly elected Board Chairman, brings over a decade of corporate director experience and expertise in governance and M&A.
Retirement of Peter Dea
Peter Dea will retire from Ovintiv's Board of Directors effective May 6, 2026 after serving since 2010.
Successor Board Chairman
Steven Nance has been unanimously elected to replace Peter Dea as the Board Chairman.
Leadership Legacy
Peter Dea's 40 years of leadership and value creation expertise brought valuable insight into oil and gas operations and sustainability to Ovintiv.
New Chairman's Experience
Steven Nance, with diverse experience in governance and shareholder engagement, brings valuable skills to the role of Board Chairman.
- The retirement of Peter Dea marks a transition in Ovintiv's board leadership, with Steven Nance stepping in to continue the company's governance practices.
- Peter Dea's departure after years of service highlights the importance of succession planning and continuity in board leadership roles.
Ovintiv expresses gratitude for Peter Dea's contributions over 15 years and welcomes Steven Nance as the new Board Chairman, emphasizing his leadership and governance expertise.