Talisman Energy Ltd. says it's installing industry veteran Hal Kvisle as its new CEO because the Calgary-based oil and gas company needs a different leadership approach as it shifts strategic direction. Kvisle, a familiar face in the industry after leading TransCanada Corp. for many years, is coming out of retirement to take the reins of a company that has been dogged by operational issues and repeatedly missed production targets. The company announced Monday that John Manzoni, who joined Talisman in 2007, had agreed to leave the post, effective immediately. Talisman has been undergoing a transition over the past several months, directing capital away from dry natural gas in the face of low prices, selling non-core assets and working to improve project execution.
