Oct 24 (Reuters) - Canadian oil and gas producer

Strathcona Resources ( STHRF ) announced on Thursday the

retirement of its Chief Executive Officer and President Rob

Morgan, effective Oct. 31, and said that he will be replaced by

David Roosth.

The company said that Chief Financial Officer Connor

Waterous will remain unchanged and Scott Seipert will take on

the role of senior vice-president of finance.

Roosth, who has worked at KKR & Co ( KKR ) and TPH Partners,

last served as the managing director at Waterous Energy Fund.

Strathcona said it will be restructured to form four focused

business units - SCR Cold Lake, SCR Lloydminster Thermal, SCR

Lloydminster Conventional, and SCR Montney, which will be

overlooked by separate presidents.

The company also appointed its new COO Dale Babiak, who most

recently served as vice-president for production operations.

Following the retirement, Morgan will also step down from

the board of the company.