Gwyn Morgan
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For other people named Gwyn Morgan, see
Gwyn Morgan (disambiguation).
Gwyn Morgan
Born 1946
Carstairs, Alberta
Nationality Canadian
Education B.Eng.
Alma mater University of Alberta
Occupation Chair of
SNC-Lavalin (2006-12)
EnCana Corporation
Gwyn Morgan,
OC C.M. is a director on the boards of several large corporations in
Canada, including
EnCana Corporation. He is also on the board of trustees of the think tank, the
Fraser Institute, a director for The Manning Centre for Building Democracy and a non-executive director of
HSBC. He is the former Chairman of
SNC-Lavalin and President and
CEO of
EnCana Corporation.
[1] Morgan writes a column for the business section of
The Globe and Mail.
Morgan was appointed a Member of the
Order of Canada on December 30, 2010.
[2]
Contents
Early years[edit]
Morgan, the youngest child in a family of four, grew up on a small grain and livestock farm near
Carstairs, Alberta. His father was originally from
Wales.
Education[edit]
Morgan graduated with a Bachelor of Science in Petroleum Engineering from the
University of Alberta.
[3] He also has Post Graduate qualification including the Executive Business Program of
Cornell University.
[4][3]
Career[edit]
In the 1970s, after graduating as an engineer, Morgan first worked for a Nebraska-based oil and gas company, then Alberta Energy Company (AEC), which was established in September 1973.
[5] He worked in "oil and gas exploration, production and pipelines in technical, operational, financial and management positions".
[4] By 1998, he was mentioned in
Peter C. Newman's publication,
Titans: How the New Canadian Establishment Seized Power, about "the new Canadian establishment", as a "promising comer to watch."
[6] By 2003, Morgan was described in a
Maclean's magazine profile as "the most powerful man in Canada's oil patch."
[7]
Alberta Energy Company (1994-2003)[edit]
In the 1970s, after graduating as an engineer, Morgan first worked for the "Canadian subsidiary of a Nebraska-based oil and gas company" and in 1975 joined Alberta Energy Company (AEC),
[3] which was established in September 1973.
[5] When Morgan began at AEC it was during the start-up period and he was part of the founding management.
[3] He served as President and CEO from 1994 to 2003. He joined Alberta Energy Company Ltd. in 1975 during the start-up of operations and served as a Member of the founding management of the Alberta Energy Company Ltd., a Predecessor of EnCana Corporation.
[3]
Encana (2003-)[edit]
Main article:
Encana
Morgan founded EnCana Corporation and served as its President and Chief Executive Officer from April 2002 to December 31, 2005 and as Executive Vice Chairman from December 2005 to October 12, 2006.
[3] When Alberta Energy Corporation merged with PanCanadian Petroleum Ltd in 2002 to form EnCana,
[8] it was, according to the University of Alberta website, "widely viewed as the most significant transaction in Canadian energy sector history."
[2] As President and CEO, in April 2002, Morgan launched EnCana Corporation's operations with former AEC staff as his management team, making the merger of the two companies more like an "AEC takeover", according to
The Globe and Mail.
[9][10]
By September 2005, Encana had become the number one company on the
Toronto Stock Exchange—the first energy company to do so since 1980.
[11] In 2005, Morgan was listed in 9th place out of 25 in the
Globe and Mail's "The Power 25", running "the continent's biggest natural gas empire, presiding over a critical commodity that powers the grid". In the wake of
Hurricane Katrina, the price of gas had increased to become more valuable than oil.
[11] By 2005 when Morgan left EnCana, the company "had become North America’s leading independent oil and natural gas production company, with a stock market value of approximately $60 billion."
[2]
SNC-Lavalin[edit]
Main article:
SNC-Lavalin
Morgan became an Independent Director of
SNC-Lavalin Group Inc. on March 4, 2005 and from May 2007 through May 2013, he served as Chairman.
[3]
Canadian Council of Chief Executives[edit]
BY 2005, Morgan was director and a Vice-Chairman of the Canadian Council of Chief Executives,
[4][11] now known as the
Business Council of Canada (BCC), which includes CEOs of 150 leading Canadian companies.
[12]
Boards of directors[edit]
Along with his service on the Boards of Directors at AEC, Encana, SNC-Lavalin, and the Canadian Council of Chief Executives, over the years Morgan has also served as director at Industry Training Authority,
Noblegen Inc., the
Institute of the Americas, the
Council for Canadian Unity, The
Fraser Institute,
American Petroleum Institute,
Accenture Energy Advisory Board,
Rio Tinto Alcan (Also known as Alcan Inc.) and
Lafarge North America Inc. Morgan served as a director of
HSBC Bank Canada from December 1996 to May 2012.
[4][4][3]
Political views[edit]
According to the
Globe and Mail, by 2005 Morgan had become the "loudest voice in the oil patch trying to shout down the
Kyoto Accord".
[11]
Awards and honours[edit]
Morgan was named Canada's Outstanding CEO of the Year in 2005.
[4] In 2005, he was named as Fellow of the Canadian Academy of Engineering (FCAE).
[3] According to
Bloomberg, he is the "recipient of the Canadian Business Leader Award from the University of Alberta and the Ivey Business Leader Award from the University of Western Ontario, two Honorary Degrees and an inductee to the Alberta Business Hall of Fame".
[3]
In 2005 he was named as a Fellow of the
Canadian Academy of Engineering (FCAE).
[4][3]
Public appointment commission controversy[edit]
In 2006, Morgan was appointed by
Prime Minister of Canada Stephen Harper to chair the newly-established Public Appointments Commission. The appointment was rejected by opposition
MPs due in part to statements Morgan had made linking
refugees with
crime in Canada.
[13]:73 A May 17, 2006 article in the
National Post criticized Morgan's opponents asking, "who but the hopelessly politically correct can deny the malign influence of violent gangs from Jamaica, Sri Lanka and East Asia on street life in Toronto, Vancouver and other Canadian urban centres?"
[14] His past role as a supporter and fundraiser for the
Conservative Party of Canada was criticized as a possible conflict of interest with the commission's role of eliminating the use of public appointments for partisan patronage purposes.
[15]
Canadian Air Force[edit]
Morgan served as an Honorary Colonel of
Canadian Air Force's 410 Tactical Fighter Squadron.
[3]
Personal life[edit]
Gwyn is married to Patricia Trottier. They live on
Vancouver Island near
Victoria, British Columbia.
[16]