Meet the people behind our strategy

Our senior leadership

CHIEF EXECUTIVE OFFICER

Chief Financial Officer

Chief Operating Officer

Chief Commercial Officer

Chief Human Resources Officer

Vice President, Health, Safety & Environment

Vice President, Operations Planning

VICE PRESIDENT, FIELD OPERATIONS

VICE PRESIDENT, INFORMATION TECHNOLOGY

VICE PRESIDENT, CAPITAL OPERATIONS

VICE PRESIDENT, ENGINEERING & GEOSCIENCE

Frits Klap

CHIEF EXECUTIVE OFFICER

Mr. Klap was appointed Chief Executive Officer of ARC Resources Ltd. in September 2026, following Shell’s acquisition of ARC. In his role, Mr. Klap has overall accountability for the Company’s strategy and delivery of strong financial, operational, and sustainability performance.

Mr. Klap has more than 20 years of international experience in the energy industry, having held increasingly senior leadership positions with Shell across North America, Europe and the Middle East. His experience spans upstream, integrated gas, chemicals and refining, with leadership responsibilities across operations, capital allocation, mergers and acquisitions, and business performance transformation. Most recently, he served as Senior Vice President, Canada Chemicals & Products, Canada. Previously, Mr. Klap served as Senior Vice President, U.S. Shales and as Managing Director of Basrah Gas Company in Iraq, one of the world’s largest gas-flaring reduction initiatives. He also served as Non-Executive Chairman of the Board of Aera Energy LLC.

He holds a Master’s degree in International and European Law from the Leiden University.

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Kristin Cerny, B.B.A, MSA, CFA

Chief Financial Officer

As Chief Financial Officer, Ms. Cerny oversees the Company’s finance, accounting, tax, insurance, risk management and market fundamentals functions in support of ARC’s strategic priorities. She was appointed as CFO in September 2026, following Shell’s acquisition of ARC.

Ms. Cerny has more than 20 years of experience in finance, capital markets and the energy industry. She has been with ARC since 2011 in roles of increasing responsibility, most recently serving as Vice President, Finance. Prior to joining ARC Resources, she worked for two global investment banks in institutional equities in the U.S. for eight years.

Currently, she serves as Vice Chair for WinSport Canada and as a director at the LionHeart Foundation. She holds a Bachelor of Business Administration in Finance from the University of Notre Dame, a Master of Science in Accounting from DePaul University, and is a CFA charterholder.

Tejay Haugen, P.L. (Eng.), P. Tech (Eng.)

Chief Operations Officer

As Chief Operating Officer, Mr. Haugen is responsible for ARC’s capital operations, production, and subsurface development activities, ensuring the Company’s ongoing commitment to operational excellence. In addition, he has accountability for ARC’s safety, environmental sustainability, regulatory, surface land and Indigenous relations functions. Mr. Haugen was appointed as COO in September 2026, following Shell’s acquisition of ARC.

With more than 20 years’ experience in the energy industry, he has extensive technical and commercial knowledge of both production and operations. Most recently, he served as Vice President, Operations Planning where he oversaw the Company’s long-term production and infrastructure planning, facilities design, water and emissions management and planning of our capital program. Mr. Haugen joined ARC in 2006 and has held several progressively senior roles within the operations and capital planning functions.

Currently, he serves on the Board of Directors for Energy Safety Canada. Mr. Haugen is a Professional Licensee (Eng.) with APEGA and a Professional Technologist (Eng.) with the Association of Science and Engineering Technology Professionals in Alberta (ASET). He has a diploma in Petroleum Engineering Technology from the Southern Alberta Institute of Technology (SAIT) and completed the Advanced Management Program at The University of Chicago Booth School of Business.

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Ryan Berrett, B.Mgmt, MBA

Chief Commercial Officer

As Chief Commercial Officer, Mr. Berrett is responsible for ARC’s commercial activities in support of ARC’s long-term plan. In addition, he has accountability for ARC’s mineral land, supply chain management, government relations and external communications functions.

Mr. Berrett joined ARC in 2001. During his tenure, he has developed a deep understanding for ARC’s business holding roles in accounting, finance, and marketing, where he progressed into roles with increasing responsibility. Most recently, he was Senior Vice President, Marketing where he was responsible for leading ARC’s marketing activities including commodity marketing, commercial operations, and downstream market development.

Mr. Berrett has a Bachelor of Management degree from the University of Lethbridge and an Executive MBA in Global Energy from the University of Calgary.

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Lisa Olsen, B.A.

Chief Human Resources Officer

As Chief Human Resources Officer, Ms. Olsen oversees the Company’s corporate functions including human resources, information technology, internal communications, and office services.

With more than 25 years of human resources and corporate experience, Ms. Olsen brings expertise from the domestic and international energy and global consumer industries. She joined ARC in 2008 as the Manager of Human Resources and most recently served as ARC’s Senior Vice President, People & Corporate. Prior to joining ARC, she spent more than 10 years leading the human resources functions in both a Canadian crude oil and natural gas company with international operations, as well as for a major international consumer brand.

Currently, she serves as a Board member for the Canadian Mental Health Association, Calgary. Ms. Olsen has a Bachelor of Communications from Simon Fraser University and a Certificate of Management Excellence from Harvard Business School, Executive Education.

Cory Beliveau, B.Sc., MBA

Vice President, Health, Safety & Environment

Mr. Beliveau is ARC’s Vice President, Health, Safety and Environment. In his role, he is responsible for all aspects of ARC’s safety operations, regulatory compliance and environmental sustainability performance.

Mr. Beliveau has more than 25 years of experience in the energy industry centered in health, safety and regulatory execution. He joined ARC in 2008 and has held increasingly senior roles with health and safety focus. Before joining ARC, he held various positions in safety and operations with a major Canadian oil and gas producer.

Mr. Beliveau has a Bachelor of Science degree from the University of Calgary and an MBA in Health and Safety Leadership from the University of Fredericton.

Geoff Bygrave, B.Sc, MASc., P.Eng.

Vice President, Operations Planning

Mr. Bygrave is the Vice President, Operations Planning of ARC Resources. In his role, Mr. Bygrave is responsible for the Company’s long-term production and infrastructure planning, facilities design, and planning of our capital program.

With more than 25 years’ experience in the energy industry, he has extensive technical knowledge of field operations, including the planning, design and optimization of wells, pipelines and facilities. Mr. Bygrave joined ARC in 2017 and most recently served as Manager, Production Engineering, where he was responsible for planning and optimizing production for ARC’s Alberta assets. Prior to joining ARC, he held various positions with large international oil companies.

Mr. Bygrave is a professional engineer with both the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and British Columbia (EGBC), and he holds a Bachelor of Science degree in Chemical Engineering from the University of Calgary and a Master of Science degree from the University of British Columbia.

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Sean Calder, P.L. (Eng.), R.E.T.

VICE PRESIDENT, FIELD OPERATIONS

Mr. Calder is ARC’s Vice President, Field Operations. In his role, he is responsible for all aspects of field production operations, including field engineering, maintenance, and asset integrity.

He has more than 30 years of energy industry experience including field operations, drilling and completions, and facility management. Mr. Calder joined ARC in 2005, and since this time has taken on roles of increasing responsibility. Prior to joining ARC, he worked at a major crude oil and natural gas company.

He is a Professional Licensee (Eng) under APEGA, and a Registered Engineering Technologist with the Association of Science and Engineering Technology Professionals in Alberta. Mr. Calder has a Bachelor of Applied Technology Petroleum Engineering degree from the Southern Alberta Institute of Technology (SAIT).

Michael Capon, B.Sc. (CIS)

VICE PRESIDENT, INFORMATION TECHNOLOGY

Mr. Capon is the Vice President, Information Technology (IT) of ARC Resources. In his role, Mr. Capon is responsible for oversight of the Company’s technology strategy, critical IT infrastructure, application services and solutions, cybersecurity program, and the delivery of strategic data analytics.

With more than 20 years’ experience in the technology and energy industries, Mr. Capon has extensive expertise in developing technology strategy to maximize the value of technology investments and delivering large-scale digital solutions and programs that enable the business. Most recently, he served as Manager, Information Technology at ARC, where he led the technology integration to support the Seven Generations business combination, and oversaw the evaluation and selection of an enterprise resource planning platform.

Mr. Capon is a Certified Information Systems Security Professional (CISSP) and holds a Bachelor of Science, Computer Information Systems from DeVry Institute of Technology.

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Sean Stuart, B.A.Sc, P.Eng.

VICE PRESIDENT, CAPITAL OPERATIONS

Mr. Stuart is the Vice President, Capital Operations of ARC Resources and is responsible for the drilling, completions, civil construction, surface land and Indigenous relations teams.

With more than 25 years’ experience in the energy industry, he has extensive knowledge of all technical aspects of subsurface development and well operations. Most recently, he served as Manager, Completions overseeing assets in Alberta and British Columbia. Mr. Stuart joined ARC in 2014, holding several leadership roles with increasing responsibility within the operations function. Prior to joining ARC, he worked at an intermediate energy company as a Team Lead for drilling, completions, and well servicing.

Mr. Stuart is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and British Columbia (EGBC), and has a Bachelor of Applied Science in Civil Engineering from the University of Waterloo.

Jon Woods, B.Sc, P.Eng.

Vice President, Engineering & Geosciences

Mr. Woods is the Vice President, Engineering and Geoscience of ARC Resources. In his role, he manages the development engineering, reservoir engineering, and geoscience teams.

He has more than 20 years of experience in the energy industry, with a depth of knowledge of production, facilities, completions, development, reservoir engineering, and business development. Mr. Woods joined ARC in 2017, and most recently served as Manager, Engineering for the Company’s Alberta assets. Earlier in his career, he held roles at several large energy companies in Western Canada.

Mr. Woods is a professional engineer with both the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and British Columbia (EGBC), and he holds a Bachelor of Science degree in Oil and Gas Engineering from the University of Calgary.

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