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ARC Resources Says Stadnyk to Succeed Dielwart as CEO

ARC Resources Ltd., the third-largest oil and natural gas operator in Canada’s Montney formation, said president and chief operating officer Myron Stadnyk will succeed John Dielwart as chief executive officer on Jan. 1.

Dielwart, 59, a founder of ARC, will stay on as an adviser until May and remain as a director, according to a statement from the Calgary-based company released on Canada Newswire after the markets closed today. He told the board two years ago that he intended to retire early next year, the company said.