Director Profile

Trudy M. Curran ICD.D LLB

Board Value Proposition: 

Proven strategist with experience in aligning business objectives in changing economic and highly regulated environments. Board and C-level experience in executive compensation, human resources, risk management, and M&A.

Strategy Leadership

  • Played a key role in Canadian Oil Sands strategy formulation and growth from 21.74% interest in Syncrude to 36.74% interest.
  • Key lead for Canadian Oil Sands in strategic response and negotiations with Suncor Energy ($.5 billion increase in final offer over initial bid) and in negotiations with Alberta government regarding royalty review with Syncrude, resulting in a deal more favorable than regulations.

Major Transactions, Restructurings, Financings

  • Led conversion of Canadian Oil Sands from income trust structure to corporate structure
  • Key negotiator along with CEO on the closing of the acquisition of an additional 13.75% interest in Syncrude (valued at$1.7B) when there was no CFO at the time.
  • Led legal and contributed to business strategy of a $1.5 billion equity financing and over $1 billion in syndicated credit facilities.
  • Led legal process in the merger of PanCanadian Energy Corporation and Alberta Energy Company Ltd., creating EnCana Corporation with combined value of $27 billion.
  • Team lead on securities and legal financing of spin-off of Canadian Pacific Limited’s interests in PanCanadian, Fording, Canadian Pacific Railway, and CP Ships (largest restructuring in Canadian history).

Executive Compensation and Human Resources

  • Created human resources structure at Canadian Oil Sands, where none existed previously.
  • Developed long-term incentive structures for Syncrude employees to offset non-public structure and align it with other oil sands employers.
  • Managed transition of founding CEO to retirement and on-boarding of new CEO plus several senior executive transitions.

Enterprise Risk and Crisis Management

  • Part of the crisis team that established the risk-management system at Canadian Oil Sands that cut over 20% of their  budget in 2015 ($1 billion), when oil prices dramatically dropped.

Industry Experience: 

  • Energy
  • Integrated Oil & Gas
  • Oil & Gas Exploration & Production
  • Oil & Gas Refining & Marketing
  • Oil & Gas Storage & Transportation
  • Materials
  • Diversified Metals & Minerals
  • Transportation
  • Airlines

Board Experience:

Corporate Boards:

Baytex Energy Corp 2016 to Present
Audit Committee
Nominating and Governance Committee
Dominion Diamond Corp. 2016 to 2017
Chair, Health, Safety, and Environment Committee
Audit Committee
Syncrude Canada Ltd. 2003 to 2016
Chair, Human Resources and Compensation Committee
Pension Committee

Additional Boards:

Kids Cancer Care Foundation of Alberta 2014 to Present
Finance & Audit Committee
Bodywhys Youth Canada 2013 to 2014
Coalition for the Reduction of Poverty, Calgary 2010 to 2012


Canadian Oil Sands 2001 to 2016
Senior Vice President, General Counsel and Corporate Secretary
Encana 2002
Senior Legal Counsel and Assistant Corporate Secretary
PanCanadian Energy 2001 to 2002
Staff Legal Counsel
Canadian Pacific 1999 to 2001
Senior Counsel
Canadian Airlines 1988 to 1999
Associate General Counsel and Assistant Corporate Secretary Solicitor


ICD.D, Institute of Corporate Directors, 2013
LL.B (with Hons.), University of Saskatchewan, 1986
BA (Hons. English), University of Saskatchewan, 1983