Nexen Inc. Announces Changes in Executive Leadership

Nexen Inc., a Calgary-based energy company, announced that Marvin Romanow, President and Chief Executive Officer (CEO), is leaving the company effective immediately. Kevin Reinhart, Executive Vice President and Chief Financial Officer, has been appointed as interim President and CEO. Mr. Reinhart will serve in this capacity while the company conducts a search for a new CEO. In addition, Nexen announced that Gary Nieuwenburg, Executive Vice President of Canada, is also leaving the company effective immediately. Nexen has a joint venture with China’s CNOOC Limited.