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Advantage Energy Appoints John Festival as Interim CEO

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Advantage Energy (AAV.TO) has appointed John Festival as Interim Chief Executive, effective immediately, after Michael Belenkie resigned from the roles of President, CEO and as a director of the company, it said on Monday.

Festival who has over 35 years of experience in the western Canadian energy industry, currently serves on the boards of Athabasca Oil (ATH.TO) and Cardinal Energy (CJ.TO). Festival joined the company's board in March 2024 and has served as Chair since May 2025, it said.

Shares of the company closed down 1.1% to $9.87 on Friday on the Toronto Stock Exchange.

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Advantage Energy Appoints John Festival as Interim CEO | FINWIRES