Suncor (SU) Alters Board, Reviews Station Sale Post Elliot Deal Suncor Energy (NYSE: SU ) recently declared that it has entered into an agreement with the activist investment firm — Elliott Investment Management — according to which SU''s board of directors will appoint three new independent directors, two of whom will serve on the CEO search committee. The company also stated that it would review the possibility of selling its retail gas station business to unlock shareholder value. The Calgary-based Canadian integrated energy company has been under constant pressure from Elliott, which owns a 3.4% interest in Suncor, concerning its operational and safety record. The latest mishap at SU''s site, along with CEO Mark Little''s resignation, added to the pressure. Earlier this year, Elliot urged Suncor to revamp its board and management team by adding new directors and initiating a strategic review, arguing that the company''s shares have underperformed, though crude prices have risen to multi-year highs. Per the agreement, SU appointed three new independent directors to its board, which includes Ian Ashby …