Deals

Encana’s CEO Probably Isn’t Moving Back to Calgary Anytime Soon

  • Doug Suttles lives in Denver while running Canadian company
  • ‘The work happens where the people are,’ Texas-bred CEO says

Doug Suttles in 2010.

Photographer: Derick E. Hingle/Bloomberg

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The CEO of Calgary-based Encana Corp. is at no risk of losing his Texas accent.

With the $5.5 billion purchase of Texas-based Newfield Exploration Co., Doug Suttles says he envisions a “headquarterless” company. That transformation may have actually begun in March when he moved house to Denver.