RYAN SHAY

Ryan Shay is Vice President Finance and Chief Financial Officer of Rubellite Energy and Perpetual Energy, and has more than 25 years of experience in the oil and gas industry. He joined the board of Perpetual in October 2017 and became the Vice President Finance and Chief Financial Officer of Perpetual on May 4, 2021. Prior to, Ryan was Managing Director, Head of Investment Banking at Cormark Securities Inc. until he retired therefrom in June 2016. He was a member of Cormark’s Executive Committee, Risk Committee, Capital Markets Committee, Compensation Committee, Compliance Committee and Audit Committee.

Ryan began his career at Deloitte & Touche in 1993, earning his Chartered Accountant designation in 1996, then joined Peters & Co. in 1996, earning his Chartered Financial Analyst designation in 1999.  He joined Cormark in 1999 as an Energy Research Analyst and was promoted to the Executive Committee of the firm in 2000. Ryan transitioned careers from Research to Investment Banking in 2007 and was promoted to Co-Head of Investment Banking in 2010 and Head of Investment Banking in 2013. He received his Bachelor of Commerce from the University of Saskatchewan and graduated with Great Distinction. Ryan also sits on the board of Crew Energy Inc. and was formerly on the board of Journey Energy Inc. and the National Board of the Juvenile Diabetes Research Foundation.