The Canadian Association of Petroleum Producers has a new president.
Lisa Baiton will become the first woman to hold the top executive position with CAPP, the organization announced Wednesday.
She will officially take over May 2 from Tim McMillan, who announced in November that he was stepping down from the oil and gas lobby group.
“Lisa has a deep understanding of the major issues that define the global economy,” Craig Bryksa, CAPP’s board chair and the president and CEO of Crescent Point Energy, said in a news release. “She will bring immense value to the organization as CAPP faces a new era of opportunities and challenges, while striving to enhance the contribution of Canada’s oil and natural gas industry in addressing energy security, energy affordability and global emissions reductions.”
Baiton has vast experience as a global investment executive, including the past 11 years as a member of the Global Leadership Team at the Canada Pension Plan Investment Board, one of the largest retirement funds in the world. She previously spent six years as vice-president and practice lead of government relations with Envrionics Research. She also has more than 20 years of experience working with non-profits.
Her mandate is to ensure the oil and gas sector continues to provide Canadians and the world with secure and responsibly produced energy while working toward Canada’s climate commitments.
“As a proud Canadian, I’m invested in the success and progress of our oil and natural gas industry,” Baiton said in the news release. “We are at a time when the world is grappling with the unprecedented challenges of ensuring energy security and achieving GHG emission targets in the face of consumer demand for affordable and reliable energy. CAPP will be a constructive and solution-oriented partner to address these collective, global challenges. Canadian producers are uniquely positioned to be secure suppliers of sustainable energy and global leaders in GHG emission reduction through the advancement of technologies.”
McMillan, a former Saskatchewan Party MLA from Lloydminster, had been in the role since 2014. He said at the time of his announcement that the timing was right for someone new to take over the reins as the “industry begins its recovery from the impacts of the pandemic and years of challenging commodity markets.”
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