Canadian Oil Sands Limited (COS) announced that its Board of Directors has selected Ryan Kubik, the current Chief Financial Officer of COS, to be the President and Chief Executive Officer of the company effective January 1, 2014. Mr. Kubik will also become a director of COS. Mr. Kubik succeeds Marcel Coutu upon his retirement from these positions on January 1, 2014.

Ryan Kubik, CA, CFA, has over 20 years of oil and gas experience, having performed increasingly complex roles at COS over his 11-year tenure, including Controller and Treasurer, and since 2007, Chief Financial Officer. During that time, Ryan has been instrumental in setting COS' finance plan and strategic direction. He currently sits on the Syncrude Management Committee and the Board of Directors of Syncrude Canada Ltd. and chairs the Audit and Business Controls Subcommittee of the Syncrude Joint Venture.

Tags: Canadian Oil Sands Limited (COS)