Marvin Romanow

Executive in Residence

Room 177
PotashCorp Centre
25 Campus Drive
Saskatoon, Saskatchewan, Canada
S7N 5A7
Email: romanow@edwards.usask.ca

Biography

Marvin is characterized as a thoughtful, driven and clear-headed leader who tackles complex challenges in the Oil & Gas sector. He courageously restructures balance sheets, leadership teams and asset portfolios to capture remarkable economic gain. Marvins unique combination of technical engineering and senior financial leadership experience, coupled with his deep insights into economic drivers, make him a natural candidate for advice, innovation and execution. While dedicated to achieving optimal business performance, he remains committed to community outreach and human capital development. Mr. Romanows integrity, authentic leadership, hard work and genuine empathy for employees engenders trust and credibility across organizations.

Mr. Romanow most recently led Nexen Inc. as President and CEO, where he had also previously served in the roles of EVP, CFO and VP Finance. In leading Nexen through collaboration and influence, Marvin structured three joint ventures with Asian interests, bringing over $3.0 Bn of investment to Nexens business. The relationship with one of the joint venture partners led to a friendly bid for Nexen at a 60% premium to the existing share price. He also reduced leverage by over 1/3 while growing reserves. He restructured the leadership team to focus on superior execution.

Prior to Nexen, Marvin served as both VP, Exploration & Production and VP, Corporate Planning & Business Development, at Wascana Energy. There he drove value from $6/share to $20/share in three years. In the face of a hostile takeover bid he also led negotiations to a 25% premium over the existing offer.

Previous to this, Mr. Romanow was promoted to Finance Manager at Dome Petroleum after having distinguished himself in the roles of Reservoir, Exploitation and Project Engineer. At Dome he worked extensively on restructuring over $8.0 Bn of debt in one of the largest recapitalizations, sale and restructurings to that date in Canadian business history.

As a Drilling Engineer at Norcen Energy, Marvin developed a strong fundamental understanding of how to achieve success and sustainability in O&G operations. He also learned to communicate in the language of drilling engineers, drilling superintendents, tool pushers, floor hands and field operators, a talent that facilitated driving technical excellence later in his career.