The Board of Dirctors of Keyera Corp. announced that David Smith, currently Keyera's President and Chief Operating Officer, will become President and Chief Executive Officer and that Jim Bertram, currently Chief Executive Officer, will be assuming the role of Executive Chair of the Board of Directors, all effective January 1, 2015. In connection with these changes, Douglas Haughey will be appointed as Keyera's Independent Lead Director, Robert Catell will continue as a Director but will be stepping down as Chair, and Mr. Smith will be joining the Board of Directors.

David Smith has held senior management roles with Keyera and its predecessors since the company's inception in 1998. He has more than 30 years of experience in the energy industry in Canada. He began his career with Imperial Oil Limited in 1982 and joined Gulf Canada Resources Limited in 1991.

Jim Bertram has been the Chief Executive Officer of Keyera since 1998 and has been a Director of Keyera since Keyera's initial public offering in 2003. He was previously employed at Gulf Canada Resources Limited as Vice President - Marketing for worldwide operations. Doug Haughey has more than 35 years of experience in the energy industry.

From August 2012 through May 2013 he was the CEO of Churchill Corporation and prior thereto he was the President and CEO and a director of Provident Energy Ltd. Between 1999 and 2008 he held various senior executive positions with Spectra Energy Corp. and its predecessor companies, including the President & CEO of Spectra Energy Income Fund and President of Spectra's western Canadian natural gas midstream infrastructure and logistics business. He has been a Director of Keyera since May 2013.