TC Energy | South Bow Spinoff

Bevin Wirzba
Intended President and Chief Executive Officer

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Bevin Wirzba is the President and CEO of South Bow – a critical infrastructure company that delivers safe and secure liquids supply to the highest demand markets in North America. He leads a team of over 600 professionals committed to South Bow’s relentless pursuit of operational and commercial excellence.

In his previous role, Bevin was an integral part of the TC Energy Executive Leadership Team. He oversaw the strategy and corporate development teams and led TC Energy’s Canadian Natural Gas and Liquids transportation businesses. During his time at TC Energy, Bevin was responsible for the successful completion of the Coastal Gas Link pipeline project, in addition to his many contributions to the company’s strategy and corporate development efforts.

Before joining TC Energy, Bevin served as Senior Vice President, Business Development and Capital Markets of ARC Resources Ltd., was Managing Director of RBC Dominion Securities, and served in multi-disciplinary roles across North America and internationally with Chevron Corp.

Bevin holds a Bachelor of Science in Civil Engineering from the University of Alberta and a Master of Business Administration from the Edinburgh School of Business. He is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and sits on the Board of Directors for STARS.

Van Dafoe
Senior Vice-President and Chief Financial Officer

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Van is the Senior Vice-President and Chief Financial Officer at South Bow. With over 30 years of experience in the energy industry, Van brings a wealth of knowledge to his role. He is responsible for finance, accounting, tax, risk management, capital markets and information technology activities at South Bow.

In his previous role, Van served as Senior Vice-President and Chief Financial Officer at ARC Resources Ltd. Prior to ARC, Van held finance and management positions within the energy industry.

Van holds a Bachelor of Commerce (Honours) Degree from the University of Manitoba and is a member of the Alberta Chartered Professional Accountants. He also sits on the board of Bethany Care Foundation.

Richard Prior
Senior Vice-President and Chief Operating Officer

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Richard Prior is the Senior Vice-President and Chief Operating Officer of South Bow. He is responsible for the operational aspects of South Bow’s business, including commercial activities and growth. Leveraging 30 years of experience in the energy industry, Richard provides strategic leadership and operational expertise to ensure the company's assets and projects are managed safely and efficiently.

Prior to his role at South Bow, Richard was a trusted senior leader with TC Energy. As President of the Liquids business, he was responsible for the delivery of its strategic priorities and customer commitments. Richard has previously held senior leadership roles in TC Energy’s Canadian, U.S. and Mexico Natural Gas business units. He has extensive project management, commercial and operational experience and has led the development and execution of multiple landmark infrastructure projects across North America.

Before joining TC Energy, Richard worked with a construction firm and held various roles in project management and controls.

Richard holds a Bachelor of Commerce from the University of Calgary and a Master of Business Administration from The Ohio State University. Richard currently participates on the Board of Directors of the Liquids Energy Pipeline Association (LEPA).

Lori Muratta
Senior Vice-President and General Counsel

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Lori is the Senior Vice-President and General Counsel at South Bow. She is responsible for the company’s legal, compliance and regulatory functions.

Before joining South Bow, Lori held dual roles as Vice-President, General Counsel and Secretary of Shell Midstream Partners and Managing Counsel, Midstream and Commercial at Shell USA. During her time at Shell, she provided legal counsel across all of Shell’s businesses. Prior to Shell, Lori held other legal counsel roles in private practice and with a chemicals and pharmaceuticals manufacturing group.

Lori holds a Bachelor of Science in Foreign Service from Georgetown University and a Juris Doctor from Harvard Law School.

Mr. Kvisle is a corporate director and the Board Chair of South Bow. He is a distinguished executive with more than 40 years of experience in the energy, utilities and power sectors. He has held several executive roles with international exposure and has extensive experience in all facets of the energy value chain. Currently, Mr. Kvisle serves as Board Chair for ARC Resources Ltd. and is a director of Finning International Inc. and Cenovus Energy Inc.

In his previous roles, Mr. Kvisle was Chief Executive Officer of Talisman Energy Inc., Chief Executive Officer of TC Energy, and founded and was President of Fletcher Challenge Energy Canada Inc.

Mr. Kvisle holds a Bachelor of Science degree in Engineering from the University of Alberta, Master of Business Administration and Honorary Doctor of Laws degrees from the University of Calgary, and an Honorary Doctor of Laws degree from Mount Royal University. Mr. Kvisle has also earned the F.ICD.D designation from the Institute of Corporate Directors.

Mr. Joung is a corporate director of South Bow. Having worked most of his career in the finance industry working with various energy companies, Mr. Joung has gained a deep understanding of the unique challenges and opportunities of energy-related capital markets. Currently, Mr. Joung serves as a director of APA Corporation where he is Chair of the Audit Committee.

In his previous roles, Mr. Joung was a director of Magellan Midstream Partners, Targa Resources Partners LP, and Targa Resources Corporation. He was also a Partner and Senior Advisor at Warburg Pincus LLC, managing investments across the energy and clean energy sectors, and held increasingly senior positions at Goldman Sachs, culminating as Head of the Americas Energy and Power investment banking group.

Mr. Joung holds a Bachelor of Arts degree in Physics and a Master of Business Administration from Dartmouth College.

Mr. Lewis is a corporate director of South Bow and has extensive board experience. He has been a director of Legal & General Group Plc since 2018, where he chairs the Risk Committee. He has also been a director of Ontario Teachers' Pension Plan since 2019, where he chairs the Investment Committee, and the AOG Group since 2018, where he chairs the Audit Committee.

His previous board experience includes Cenovus Energy Inc., Enbridge Income Fund Holdings Inc., and Ontario Power Generation Inc. Mr. Lewis was also a member of the Royal Bank of Canada's Group Executive Board. Over his 30-year tenure at RBC, he held various executive positions, including roles in investment banking, mergers and acquisitions, and equity research.

Mr. Lewis holds a Bachelor of Commerce degree from Trinity College at the University of Toronto and a Master of Business Administration from Harvard University. He is a Fellow of the Institute of Chartered Professional Accountants (FCPA, FCA) and a CFA charter holder. Mr. Lewis has also earned the ICD.D designation from the Institute of Corporate Directors.

Mr. Mallett is a corporate director of South Bow and brings a unique blend of engineering, operations, and project management expertise. Currently, Mr. Mallett is also a director of Archrock Inc.

Previously, he was Executive Vice President and Chief Operations Officer of Summit Midstream GP, LLC and executive director and Interim Chief Executive Officer. Before that, he was Senior Vice President of Engineering at Enterprise Products Partners LP and Senior Vice President of Environmental Health and Safety. Mr. Mallett also served in roles of increasing responsibility at TEPPCO Partners LP, including Senior Vice President of Operations. He has also held formal leadership roles with the Pipeline Research Council International, the Office of Pipeline Safety, and the Clean Channel Association.

Mr. Mallett holds a Bachelor of Science degree in Mechanical Engineering from Prairie View A&M University and a Master of Business Administration from Houston Baptist University.

Mr. Phillips is a corporate director of South Bow and has been a pioneer and a supporter of the pipeline industry for many years. Previously, Mr. Phillips served as Chairman and CEO of Crestwood Equity Partners LP from 2013 to 2023, as well as President from 2013 to 2022. Prior to that, he held leadership roles at several energy companies, including President and CEO of Enterprise Products Partners LP, Chairman and CEO of GulfTerra Energy Partners, and senior executive positions with El Paso Corporation. Mr. Phillips also held directorships at Pride International, Inc. and Bonavista Energy Corporation. He also served on the National Petroleum Council, advising the U.S. Department of Energy, from 2021 to 2023.

Mr. Phillips holds a Bachelor of Business Administration degree from the University of Texas at Austin and a Juris Doctorate from South Texas College of Law.

Ms. Reed is a corporate director of South Bow and is also a director of DNOW Inc. In her previous roles, Sonja served as Senior Vice President and Chief Human Resources Officer. In this capacity, she also had accountability for corporate communications and philanthropy. From 2011 to 2015, Ms. Reed was with General Cable Corporation, where she last served as Executive Vice President and Chief Human Resources Officer. Ms. Reed began her career at Zurich Financial Services, where she held several roles of increasing responsibility, the last of which was Vice President of Human Resources of their Latin American business.

Ms. Reed holds a Bachelor of Science degree in Economics from Arizona State University. Ms. Reed has served on the Energy Advisory Board of the University of Houston and as a Trustee of the Awty International School.

Ms. Ryhorchuk is a corporate director of South Bow. In 2023, Ms. Ryhorchuk retired as a Partner of PricewaterhouseCoopers LLP ("PwC"), where she specialized in providing audit and assurance services primarily to Canadian and U.S. public entities in the energy and utilities industries. Ms. Ryhorchuk holds the distinction of being the former leader of PwC Canada's National Independence Office and a member of PwC's Global Network Independence leadership team. She also was the Managing Partner of the Calgary Assurance Practice and was a member of PwC Canada's National Assurance Leadership Team.

Currently, Ms. Ryhorchuk is a director of the Canadian Partnership Against Cancer, WINS (Women in Need Society), and is on the Board of Governors of Mount Royal University, chairing the Audit Committee and Risk Committee.

Ms. Ryhorchuk holds a Bachelor of Commerce degree from the University of Saskatchewan and is a Fellow of the Institute of Chartered Professional Accountants (FCPA, FCA). She has also earned the ICD.D designation from the Institute of Corporate Directors.

Ms. Salomone is a corporate director of South Bow and has also been a director of TC Energy Corporation since 2013. Previously, Ms. Salomone served as a director of Intertape Polymer Group and Herc Rentals. She also held various executive roles at The Babcock & Wilcox Company, including Senior Vice-President and Chief Operating Officer. Prior to that, she was an officer at Marine Mechanical Corporation, which B&W acquired in 2007, including as President and CEO.

Ms. Salomone has held board and advisory roles with organizations such as the Youngstown State University Foundation, United States Enrichment Corporation, the Naval Submarine League, the Governor's Workforce Policy Advisory Board in Ohio and the Ohio Employee Ownership Center.

Ms. Salomone holds a Bachelor of Engineering in Civil Engineering from Youngstown State University and an MBA from Baldwin Wallace College. She also completed the Advanced Management Program at Duke University's Fuqua School of Business.

Ms. Vallejo is a corporate director of South Bow, as well as a director of Expro Group Holdings N.V., and a director of Coterra Energy Inc., which she joined following her tenure as a director of Cimarex Energy Co.

Previously, Ms. Vallejo was a director of Crestwood Equity Partners LP. She is also a former executive officer of ConocoPhillips, where she began her career. During her time at ConocoPhillips, she held various leadership roles, including Vice President of Corporate Planning and Development, Vice President and Treasurer, and several other positions in geophysical, commercial and finance functions.

Outside of ConocoPhillips, Ms. Vallejo was a member of the Board of Trustees of Colorado School of Mines from 2010 to 2016, and is currently a member of the Colorado School of Mines Foundation Board of Governors.

Ms. Vallejo holds a Bachelor of Science degree in Mineral Engineering Mathematics from Colorado School of Mines and a Master of Business Administration from Rice University, where she was named a Jones Scholar.

Mr. Wishart is a corporate director of South Bow and was also director of Shawcor Ltd., serving as Chairman from 2018 to 2020, and a director of Bruce Power from 2011 to 2023, serving as Chairman from 2014 to 2023.

Previously, Mr. Wishart held positions of increasing responsibility at TC Energy Corporation, including Executive Vice President of Operations and Major Projects, Senior Vice President of Field Operations, and Senior Vice President of Project Development.

Mr. Wishart holds a Bachelor of Science degree and a Master of Science from the University of Alberta.

Mr. Wirzba is the President and CEO of South Bow and leads a team of over 600 professionals committed to South Bow’s relentless pursuit of operational and commercial excellence.

In his previous role, Mr. Wirzba was an integral part of the TC Energy Executive Leadership Team (ELT). He oversaw the strategy and corporate development teams and led TC Energy’s Canadian Natural Gas and Liquids transportation businesses. During his time at TC Energy, Mr. Wirzba was responsible for the successful completion of the Coastal Gas Link pipeline project, in addition to his many contributions to the company’s strategy and corporate development efforts.

Before joining TC Energy, Mr. Wirzba served as Senior Vice President, Business Development and Capital Markets of ARC Resources Ltd., was Managing Director of RBC Dominion Securities, and served in multi-disciplinary roles across North America and internationally with Chevron Corp.

Mr. Wirzba holds a Bachelor of Science in Civil Engineering from the University of Alberta and a Master of Business Administration from the Edinburgh Business School. He is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and sits on the Board of Directors for STARS.